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cost cutting

Alcoa
News

Oversupply, high costs pressure Alcoa’s future smelting business

Alcoa is still reviewing the future of its aluminum smelting business amid the COVID-19 crisis and stock overhang.
Read More
Vanessa ZhouMay 15, 2020, 12:05 pmMay 15, 2020
News

Rio Tinto CEO freezes pay in 2016

An internal email revealed Rio Tinto has implemented a global salary freeze on all employees due to the "new normal" of commodity price pressure.
Read More
Staff WriterJanuary 14, 2016, 9:47 amJanuary 14, 2016
News

EXCLUSIVE: Rio Tinto iron ore to cut costs across all sites

​Rio Tinto’s iron ore business is set to engage in a series of heavy cost cutting measures, according to an internal document leaked to Australian Mining.
Read More
Staff WriterFebruary 10, 2015, 12:12 pmFebruary 10, 2015
News

Rio Tinto announces record iron ore production

Rio Tinto has posted a record year for iron ore production with the miner beating its 2012 benchmark by five per cent.
Read More
Staff WriterJanuary 20, 2014, 5:05 pmJanuary 20, 2014
News

Rio Tinto flags a further 20 per cent cut in spending

Rio Tinto has revealed 3800 jobs have been shed across its business since June 2012 as the company says it is making tough decisions to deliver greater value to shareholders.
Read More
Staff WriterDecember 3, 2013, 12:25 pmDecember 3, 2013

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