BHP Proposes $28,900 Bonus to Prevent Copper Strike in Chile

Reported 2 months ago

BHP Group is in final mediated talks with union leaders to avoid a strike at the Escondida mine in Chile, offering a $28,900 bonus per worker. The union alleges that the company disclosed terms unilaterally, as they missed a scheduled meeting. Both sides must reach an agreement by midnight to prevent disruption at a mine responsible for 5% of global copper production, amid fluctuating copper prices and tight concentrate supplies.

Source: YAHOO

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