BREAKING NEWS

BREAKING NEWS

Glencore to cut jobs at Australia's Hail Creek coal mine

Glencore to cut jobs at Australia's Hail Creek coal mine
The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann -
Copyright
ARND WIEGMANN(Reuters)
Text size Aa Aa

(Reuters) - Glencore Plc <GLEN.L> said it would cut about 30 percent of its workforce at its Hail Creek coal mine in Australia, after a review of the operations.

The mine's workforce will be reduced to 930 from 1360, said Glencore, which bought the mine from Rio Tinto <RIO.AX> <RIO.L> in March.

(Reporting by Arathy S Nair in Bengaluru; editing by Jason Neely)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.