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)

By Reuters

Published on 15/10/2018 - 11:04•Updated 25/04/2024 - 14:33

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(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.