Reported 2 months ago
Workers at BHP Group's Escondida mine in Chile commenced a strike after unsuccessful negotiations over wage agreements. This action threatens to disrupt operations at the world's largest copper mine, which is responsible for about 5% of global copper production. Following a five-day mediation process, the workers rejected the company's latest proposal, raising concerns about the impact on copper shipments and potential market reactions amid fluctuating copper prices.
Source: YAHOO