Rio Tinto Limited
(ASX:RIO) has reportedly shed 84 employees and contractors at its Clermont thermal coal operation in central Queensland.
A union official from The Construction, Forestry, Mining and Energy Union is understood to have confirmed the job losses with Dow Jones Newswires at the end of last week.
According to the report Rio Tinto would not detail how many jobs would go. However, the global miner did reportedly say it is working to improve competitiveness through reducing costs, meaning some roles will no longer be required.
Shares in Rio Tinto dipped 0.44 per cent on Friday to end the week at $56.33.
Rio Tinto posted a net profit of $6 billion in the first half of its 2012 financial year.