Peabody axes 450 contractor positions

THE HORROR week in the Australian coal industry continues – with Peabody Energy announcing it will axe 450 contractor positions from its operations.

Peabody axes 450 contractor positions Peabody axes 450 contractor positions Peabody axes 450 contractor positions Peabody axes 450 contractor positions Peabody axes 450 contractor positions

The announcement comes after the Aquila Resources-Vale joint venture Eagle Downs project in Queensland announced job cuts, as did Glencore Xstrata's Ravensworth mine in New South Wales.

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