Iron ore price drops and rising costs lead BHP to cut 300 jobs at its Western Australia mines
智通财经2026/10/14 06:57Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Jitong Finance APP has learned that on October 14, BHP (BHP.US) announced it will cut 300 jobs in its Western Australia iron ore operations to cope with the dual pressures of falling iron ore prices and rising freight and fuel costs. The layoffs will affect its South Flank, Mining Area C, Newman, and Jimblebar mines in the Pilbara region, which together employ about 16,000 people. The company stated that this move is to "ensure the ongoing significant contribution of its Western Australia iron ore operations."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$83,405.18
-0.40%
Ethereum
ETH
$2,504.02
-0.77%
Tether USDt
USDT
$0.9989
+0.01%
BNB
BNB
$741.46
-0.32%
XRP
XRP
$1.37
-0.02%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$107.4
-0.57%
TRON
TRX
$0.3318
+0.75%
Zcash
ZEC
$1,251.79
+3.12%
Hyperliquid
HYPE
$81.93
-0.86%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now