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The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32 percent year-on-year to 6.46 billion US dollars in the six months to December 31. (Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images)
MINING

BHP axes 300 jobs as iron ore costs climb

BHP is cutting around 300 jobs across its Western Australian iron ore operations as falling commodity prices and rising fuel and shipping expenses erode margins.

  • Staff Writer