Anglo American will cut at least 35 full-time jobs at its Grasstree coal mine in Queensland’s Bowen Basin.
According to the CFMEU, Anglo is also set to slash contractor jobs, however numbers for these cuts are not confirmed.
Grasstree is one of four metallurgical coal mines in Anglo American's Queensland-based Capcoal operation. Mitsui Coal Holdings owns a 30% stake in Capcoal.
In August, the miner cut 50 jobs from its Moranbah North mine as the mine reduced its operations down to a single longwall.
At the time, an Anglo spokesperson said the decision was made “in light of recent market conditions and declining coal prices".
"This … will reduce workforce and contractor activity across the mine," she said.
"We are currently conducting a review of business requirements for the new operating environment.
The CFMEU have slammed Anglo’s decision to cut jobs.
“What’s clear from today’s decision is that Anglo aims to slash and burn its labour force to maintain profit margins seen at the height of the boom,” CFMEU district president Stephen Smyth said.
Speaking to Anglo American, they told Australian Mining that the "Grasstree mine has completed an organisational review due to current market conditions and changed its rostering requirements.
"As a result of this, some contractor and workforce roles will be reduced over coming weeks and some redundancies will be issued. Anglo American is working closely with our employee representatives and our workforce throughout this process."