BHP Billiton has confirmed it is cutting jobs in its iron ore division to meet lower demand for the key steelmaking ingredient.
The world's biggest miner is not confirming how many positions will go, and says the final number of redundancies will depend on how many workers can be redeployed into other roles.
"There are currently approximately 900 open roles available across the iron ore business but until the redeployment process has been completed, it is too early to say how many people will be made redundant," the company said in a statement.
A BHP spokeswoman says most of the job losses will be Perth-based and will be in the company's iron ore division.
The ABC understands about 200 positions will be cut.
BHP Billiton says the redundancies are part of a broader effort across the organisation to rein in costs amid sliding commodity prices.
"Against a backdrop of increasing costs and falling commodity prices, we continue to focus on reducing our overheads and operating costs," the company said.Â "We donât intend to provide any detail about specific adjustments but clearly there may be some impact on jobs in some areas." The miner says most employees will see little change, other than to their job title and management structure, however some staff will see a greater impact.
The company has maintained its rosy long-term outlook for iron ore but says it is not immune from the short-term downturn.
BHP Billiton recently announced the , with several hundred employees potentially out of work if they cannot be redeployed.