A shortage of mine workers in remote areas of Australia has led to exorbitant salaries for workers such as James Dinnison, a 25-year-old high school dropout making $200,000 a year. "Inflationary pressures are driving up costs and wages at mining hot spots like Western Australia, Chile, Africa," said Tom Albanese, CEO of Rio Tinto. "You're seeing double-digit wage growth in a lot of regions."

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