REDUNDANCIES – WESTERN AUSTRALIA

MinRes job cuts add to thousands lost in WA’s mining sector route

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Original article by Brad Thompson
The Australian Financial Review – Page: 19 : 7-Aug-24

A spokesman for Mineral Resources has confirmed that the iron ore and lithium producer will reduce its head count, although the bulk of the job cuts will be at its Perth head office. Mineral Resources has not disclosed the extent of the job losses, although it is believed to be about 100. The move follows the company’s recent decision to mothball its high-cost iron ore mines in Western Australia’s Yilgarn region and a delay in the expansion of the Wodgina lithium mine. WA’s mining sector has already been hit by massive job losses in the nickel industry in 2024.

CORPORATES
MINERAL RESOURCES LIMITED – ASX MIN

Nickel miners brace for job losses after Panoramic ends production

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Original article by Brad Thompson
The Australian Financial Review – Page: 15 : 10-Jan-24

About 300 workers at Panoramic Resources’ Savannah nickel mine in Western Australia are expected to lose their jobs after the company’s administrators moved to suspend production at the site. FTI Consulting was appointed to the role in mid-December, with the aim of keeping Savannah open, but the price of nickel has continued to fall. Panoramic reopened the Savannah mine in the Kimberley region in 2021, but factors such as a sharp fall in the nickel price in 2023 weighed on the company. There are fears of further job losses in Australia’s nickel sector, amid expectations of a global oversupply in 2024; Indonesia in particular intends to ramp up nickel production via Chinese investment in the sector.

CORPORATES
PANORAMIC RESOURCES LIMITED – ASX PAN, FTI CONSULTING PTY LTD

700 jobs to go as Rio strips its costs

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Original article by Matt Chambers
The Australian – Page: 20 : 3-Mar-16

Rio Tinto has declined to comment on media reports which suggested that it plans to shed between 500 and 700 workers at its iron ore mines in Western Australia. The job cuts are part of its goal to reduce global costs by $US2bn ($A2.6bn) over the next two years. Rio Tinto previously reduced its Western Australian iron ore headcount by 800 in 2015, and its costs have been slashed by $US6.2bn over the last three years.

CORPORATES
RIO TINTO LIMITED – ASX RIO

Chevron slashes 1200 jobs from Gorgon project

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Original article by Andrew Burrell, Rebecca Puddy
The Australian – Page: 1 & 4 : 23-Dec-15

Chevron and its contractors are reducing the workforce at the Gorgon LNG project in Western Australia, with more job cuts expected as the construction phase of the project winds down. About 1,200 jobs have been cut at the Gorgon gas plant on Barrow Island in recent weeks, while Chevron is also believed to have downsized the workforce at its Australian head office in Perth. Data from the Australian Bureau of Statistics shows that the state economy shed about 10,000 jobs in November 2015.

CORPORATES
CHEVRON CORPORATION, GORGON PTY LTD, AUSTRALIAN BUREAU OF STATISTICS, ROY HILL IRON ORE PTY LTD, ACIL TASMAN PTY LTD, ELECTRICAL TRADES UNION, AUSTRALIAN MANUFACTURING WORKERS’ UNION, CHICAGO BRIDGE AND IRON COMPANY NV, KENTZ (AUSTRALIA) PTY LTD, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE