BY OLIVIA DILLON
250 workers at a Newcastle-based mining consumables company will lose their jobs as a result of an operations change.
Molycop has announced it will cease steel-making operations at Waratah, meaning hundreds of roles will be made redundant.
A spokesperson says it was a difficult decision, but it's poised to put the company in the best financial position possible.
It's reportedly started consulting with the affected employees about the move.
President of the Australian Manufacturing Workers Union Brad Pidgeon, says there was no consultation with workers prior to the announcement this morning.
The union will continue to advocate for members to be redeployed to other businesses in the region.
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| Image: Molycop |
