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27 Jul

Some Canadian aluminum workers could nonetheless be laid off as

Before joining Q13 FOX in February 2017, I was a host and reporter for CityStream, a newsmagazine show on the Seattle Channel. My career has spanned coast to coast. Prior to returning home to Seattle, I was reporting at the CBS/FOX affiliate kanken bags, WPRI TV in Providence, Rhode Island.

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kanken backpack Viola Thomas will comment as well as other speakers familiar with the crimes women face in their communities. Members of Parliament attending include Hon. Libby Davies, MP Vancouver East kanken bags, MP, Hon. Canada expected to get off easy by Rio Tinto push to cut costs and 14 kanken bags,000 jobsMONTREAL Canada is expected to be relatively unscathed by Rio Tinto decision to cut costs and shed 14,000 jobs around the world, mining analysts say.But certain aluminum and iron ore projects will likely be deferred.The global mining giant said it won reveal details of its plans until early next year once it has met with unions and other stakeholders.Canadian operations are among the most cost effective and best positioned on the cost curve in terms of our aluminum assets, said Rio Tinto Alcan spokesman Stefano Bertolli.Some Canadian aluminum workers could nonetheless be laid off as Rio cuts global production by five per cent, industry observers said. But smelters aided by low cost electricity deals are likely sheltered from dramatic reductions.not so sure Alcan needs to cut so much in Canada but they need to cut elsewhere, wherever the high cost plants are, said Charles Bradford of Soleil Bradford Research in New York.Australian analyst Glyn Lawcock of UBS said the US$228 million hydropower upgrade in Quebec and the US$300 million Kitimat modernization project are likely to be deferred.The British Australian company said Wednesday that the job cuts 12.5 per cent of its 112,000 person workforce, which includes 13,000 in Canada and other operating cost reductions will save at least US$1.6 billion a year by 2010.The cuts will be concentrated among contractors kanken bags, where 8,500 positions will be eliminated while 5,500 of Rio Tinto 97 kanken bags,000 direct employees face the axe.Rio Tinto burdened with debt taken on for last year $38 billion takeover of Canada based Alcan also said it will try to sell assets not previously listed for sale, as it attempts to trim US$6.6 billion in debt by the end of next year.Besides its Alcan and Iron Ore Co. Businesses in Canada, Rio Tinto is also a major diamond miner, with a 60 per cent stake in the Diavik mine in the Far North.. kanken backpack

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