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Anglo calls for voluntary redundancies

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Anglo American is calling for voluntary redundancies across its Grasstree operations in central Queensland.

The call for redundancies began last week and will run for two weeks, a company spokesperson told Australian Mining.

The spokesperson would not disclose how many redundancies the company was hoping to secure but said the situation would be reassessed if not enough people came forward.

Grasstree comes under Anglo American’s Capcoal operations which also includes the Aquila mine, Lake Lindsay, and Oak Park, in the Bowen Basin.

Australian Mining last month reported Aquila would be placed into care and maintenance mode, saying it was not viable at current coal price forecasts.

“Based on the current outlook with low coal prices forecast for the remainder of the year, Anglo American has taken the decision to place the Aquila mine under care and maintenance,” CEO of Anglo American’s Metallurgical Coal business, Seamus French said.

“We continuously review our operational margins and since early last year we have taken out two million tonnes of high cost production capacity as part of this review."

Late last year the company announced it would cut coking coal production in response to weakening demand.

"We are going through a planning process where we will adjust to the market conditions and, in the short term, we will cut back," French said at the time.

The company layed off a number of workers late last year, axing 35 full time jobs at its Grasstree coal mine50 positions from its Moranbah North mine when it reduced operations down to a single longwall, and it was reported another 40 jobs were cut from its Dawson coal mine.

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