Original article by Sarah-Jane Tasker
The Australian – Page: 18 : 24-Sep-14
BHP Billiton’s joint venture with Mitsubishi will retrench 700 employees at its coal mines in central Queensland, amid continued weakness in the price of metallurgical coal. Dean Dalla Valle, the head of BHP Billiton’s global coal business, says the coal sector is likely to experience further upheaval in the next 12-18 months. Some 10,000 jobs have been shed in Australia’s coal mining industry in the last 12 months
CORPORATES
BHP BILLITON LIMITED – ASX BHP, BM ALLIANCE COAL OPERATIONS PTY LTD, MITSUBISHI CORPORATION