Escondida Mine Union Reaches Agreement with BHP, Averting Strike

Reported about 2 months ago

The union at Escondida copper mine in Chile has signed a new three-year deal with BHP, concluding a potential strike that could have disrupted global copper supplies. The agreement includes improvements in labor conditions and addresses payment disputes, enabling workers to return to their jobs. The deal followed a strike initiated over salary disagreements, which briefly suspended after a preliminary agreement earlier in the week. BHP's latest offer for bonuses and loans brought the negotiations to a close.

Source: YAHOO

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