News

Rio Tinto confirms jobs review underway at Yarwun

RIO Tinto chief executive of aluminium Alfredo Barrios' promise to shareholders to "aggressively drive costs out of the business" at Gladstone alumina refineries appears to be continuing.

Talking to investors back in December Mr Barrios explained the company was going through difficult times.

With the global price of aluminium down to US$205 per tonne from an average of US$330 per tonne of recent years, both Rio's Gladstone alumina refineries are running at a loss, he said.

Rio Tinto looked at contractors first with a re-tendering process that was expected to save about $10million or the equivalent of 750,000 work hours.

A labour hire contractor, who has worked on site at Yarwun for more than two years, told the Observer he now had just a fortnight left until his contract finished.

Read more:

>> UPDATE: Workers axed as price plummets to 25 year low

>> QAL job cuts 'not a good thing for Gladstone: leaders react

>> The international issue hitting Gladstone jobs

He didn't want us to name him because he hoped he'd still be able to secure more work for Rio Tinto when aluminium prices increased again; he said most contractors were already off site.

Another Rio Tinto Yarwun worker said everyone was just waiting for results from a recent review to learn if there would be any redundancies.

A Rio Tinto spokesperson yesterday confirmed an "organisational review" was underway at Yarwun "due to the challenging market conditions".

"Employees will be kept informed as the review progresses but it is expected this will take some time," a written statement to the Observer read.

The Observer understands Rio Tinto has brought in consultancy company, McKinsey and Co, with a round of redundancies at QAL last week.

That was non-operational, support staff, and The Observer understands QAL management hopes to achieve any further redundacies through natural attrition.

Topics:  gladstone industry qal rio tinto



How to do Eat Street the right way

EVERYTHING you need to know to get the most out of your Eat Street experience and to avoid a food coma when you’re only one stall deep.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

PHOTOS: Gladstone's hottest models to fight for $50K prize chance

The MAXIM swim wear model search will be at Tannum Sands on Saturday.

HUGE BRAND name coming to Gladstone to pick and choose our best.

Gladstone's 10 worst streets for violent attacks revealed

VIOLENT ATTACK: Police have been called to a staggering 225 assaults in the past year.

ONE CROWDED street is by far the most dangerous.

Popular business man deeply regrets selling his name

Len Smith is now enjoying retirement after years of running the business.

WELL-KNOWN Gladstone man regrets selling his name with his business.

Local Partners

Un-American tale makes Lion weakest link in Oscars line-up

PSYCHOLOGY researchers find US films and actors most likely to win accolades at the Oscars.

PHOTOS: Gladstone's hottest models to fight for $50K prize chance

The MAXIM swim wear model search will be at Tannum Sands on Saturday.

HUGE BRAND name coming to Gladstone to pick and choose our best.

Living End, Grinspoon stars hit stage for American Idiot

Chris Cheney of The Living End stars in the Australian production of Green Days musical American Idiot at Brisbane's QPAC Theatre.

TAKE a look behind the scenes of Green Day's American Idiot musical

Samuel L Jackson dismisses La La Land ahead of Oscars

Ryan Gosling and Emma Stone in a scene from the movie La La Land.

Hollywood actor and Oscars voter says Denzel should win top gong

Live performance of Sci-fi classic to open Science Festival

Qld Symphony Orchestra perform live to 2001: A Space Odyssey.

Festival will host A Live Presentation of 2001: A Space Odyssey.

Former Family Matters stare accused of child abuse

Reginald VelJohnson, left, and Darius McCrary arrive at the TV Land Awards on Sunday, April 19, 2009 in Universal City, Calif.

Darius McCrary has been accused of child abuse

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

Gladstone's 20 cheapest properties on the market, all under $150K

DIRT CHEAP: 5/239 Sun Valley Rd, Kin Kora is selling for $140,000

PROPERTY sellers drop prices as houses and units sell for bargains.

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Ready to SELL your property?

Post Your Ad Here!