Global miner Rio Tinto Ltd expects the recent round of layoffs and cost-cutting in Australia to continue as margins shrink due to rising production costs and falling commodity prices, a top executive said on Tuesday.
“The rationalisation will continue,” Rio Tinto’s Australia chief executive, David Peever, said at a conference…
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via Australian cost cutting, layoffs to continue – Rio Tinto – FAST NEWS – Mineweb.com Mineweb.
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