Fortescue Metals Group Limited
(ASX:FMG) has changed work rosters across its operations as it continues to battle against ongoing instability in the iron ore market.
The iron ore miner says the changes will bring work rosters into line with standard rosters worked in the Pilbara iron ore industry and strengthen the company’s position.
Rosters will move from a predominantly eight days on, six days off cycle to a two weeks on, one week off cycle from the middle of this year.
CEO Nev Power says today’s announcement will further bolster Fortescue’s resilience in an uncertain and volatile market.
Fortescue Metals Group reported a net profit of $403.56 million in the first half of the 2015 financial year.
