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coal-investing

BHP May Reopen Coal Mine with FIFO Workforce, Claims CFMEU

Investing News Network
Jan. 30, 2015 08:41AM PST
Industrial Metals Investing

Australian Mining reported that CFMEU claims that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) may source workers from Adelaide and Melbourne to reopen its Norwich Park coal mine in Queensland.

Australian Mining reported that CFMEU claims that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) may source workers from Adelaide and Melbourne to reopen its Norwich Park coal mine in Queensland.

As quoted in the market news:

According to the union BMA wants to reopen the mine in July and has indicated that the success of the project will be dependent on being able to operate the mine efficiently while using labour that is paid less than is currently the case at surrounding existing operations.

CFMEU Mining and Energy General Secretary Andrew Vickers stated:

Four hundred skilled Queensland mineworkers were put out of work when BHP closed Norwich Park in 2012.

Now it appears that Queenslanders from Dysart or Moranbah or Mackay will have to relocate to Melbourne or Adelaide if they want to work at a local coal mine.

Click here for the full Australian Mining report

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