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Rio Tinto to Cut Costs, Jobs at Australia Coal Mine

By Robb M. Stewart MELBOURNE--Rio Tinto PLC (RIO) expects to cut jobs at a coal mine in Australia's northeastern Queensland state as it seeks to reduce costs after being hit by significantly lower prices for thermal coal, a spokesman for the company said Thursday. "A review is underway and although the details are to be worked out, it will unfortunately mean redundancies will be required," the spokesman said. Write to Robb M. Stewart at robb.stewart@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Companhia Vale (RIO)
DateTimeHeadline
10/16/201409:39:21Rio Tinto Alcan to Leave Cameroon Aluminum Smelter Joint Venture
10/15/201401:32:29ASIA MARKETS: Asian Shares Mixed; Hong Kong Up On Low China Inflation
10/14/201422:30:24Asian Shares Rise on Bargain Hunting
10/14/201415:39:42LONDON MARKETS: Burberry Group Leads Losses Among U.K. Stocks
10/14/201409:37:16Anglo Pacific Expects Better Royalties From Australia Mine
10/13/201412:14:05LONDON MARKETS: U.K. Stocks Take A Breather From Selling; Rio...
10/13/201404:09:35LONDON MARKETS: U.K. Stocks Resume Their Selloff, But Rio Tinto...
10/10/201416:00:27Glencore Held Preliminary Talks With Cliffs Natural Resources...
10/10/201412:36:32LONDON MARKETS: FTSE 100 Slides To One-year Low After Tumultuous...
10/10/201407:35:10ASIA MARKETS: Asian Shares Drop On Oil Price Decline, Growth...
10/10/201403:58:48LONDON MARKETS: FTSE 100 Heads For One-year Low After Tumultuous...
10/09/201422:40:16Wall Street Drags Down Asian Shares
10/08/201412:13:12LONDON MARKETS: Travel Stocks Slide In London Amid Ebola Scare
10/08/201405:49:30LONDON MARKETS: Travel Stocks Lead FTSE 100 Lower Amid Ebola...
10/07/201418:06:09ADR Shares End Mixed; Rio Tinto Shares Trade Actively
10/07/201412:17:17LONDON MARKETS: FTSE 100 Falls Amid Broader European Selloff
10/07/201410:47:21Glencore Says It's No Longer Considering Rio Tinto Merger
10/07/201407:15:36LONDON MARKETS: Rio Tinto Jumps The Most In Two Years As FTSE...
10/07/201407:10:06Glencore CEO Approached Rio Tinto Chairman on Possible Merger
10/07/201402:30:19Rio Tinto PLC Statement regarding press speculation

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