Original article by Julie-anne Sprague
The Australian Financial Review – Page: 4 : 31-Aug-15

In the past three years, BHP Billiton, Rio Tinto and Fortescue Metals have reduced operational spending by $US14.3 billion ($A19.9 billion). Most cuts were made in their iron ore operations in Western Australia. The mining giants intend to continue their cost-cutting initiatives. They are even raising their cost-cutting targets, with Rio Tinto’s lifting its target for 2015-16 from $US750 million to $US1 billion.

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BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, WESFARMERS LIMITED – ASX WES, CBRE PTY LTD, JONES LANG LASALLE AUSTRALIA PTY LTD