MoneywebBHP 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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MoneywebMoneywebGlencore set for Sydney debut in test of mining giant’s allure
The miner’s Australian debut could attract pension-fund investment, but coal exposure and climate policies may limit demand.