ME home
 
  SME FaceBook SME Twitter SME LinkedIn RSS Feed

Subscriber or
SME Member Log On

WEB-ONLY CONTENT

Go to SME eNEWS

MINING INDUSTRY EVENTS

George Fox Conference  - Conference
Jan 24, 2018
2018 SME Annual Conference & Expo  - Conference
Feb 25, 2018 - Feb 28, 2018
Mongolia Mining 2018  - Conference
Apr 4, 2018 - Apr 6, 2018
USA Pavilion at Expomin 2018  - Exhibit
Apr 23, 2018 - Apr 27, 2018

METAL PRICES


Au
Ag
Pt
Pd
Ni
Cu
Al
Pb

AGGREGATES
AND MINERALS
MARKETPLACE


http://aggregatesmineralsmarketplace.com
The Mining Engineering, SME and NSSGA
Online Buyers Directory Site
The Online Global Mining and Minerals Library Site

Stillwater Mining buys out 35 employees
May 27, 2014

Stillwater Mining Company agreed to buyout terms with 35 union workers, the Associated Press reported.

The company, which is looking to cut production costs, was looking to buyout 50 employees.

Mike Gentry, international representative for United Steelworkers, told The Billings Gazette that most of the 35 aren't old enough to retire and plan to look for other work.

Those accepting will receive six months' severance pay and health benefits. Last month, the company laid off 48 salaried employees, including 35 in Montana.

Stillwater has about 1,800 employees who extract and refine palladium and platinum. The metals are used to make electronics, jewelry, fuel cells, coins and other products. Stillwater also operates a smelter and recycling facility.

The company recently signed a five-year deal to supply platinum and palladium to a British chemical company.
 

 

Related article search: