BHP cuts 300 workers at Australian iron ore mines as costs rise
Iron ore prices have fallen around 14% since the start of the year, while the costs of mining and shipping the raw material have increased in part due to surging fuel prices.
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Iron ore prices have fallen around 14% since the start of the year, while the costs of mining and shipping the raw material have increased in part due to surging fuel prices.
The mining giant previously said it would support employees affected by the suspension of operations at the Venetia mine.