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BHP's Escondida mine reaches preliminary deal to avert strike

Original: BHP's Escondida, supervisors' union avert strike with preliminary agreement

BHP and the supervisors' union at its Escondida copper mine in Chile have signed a preliminary agreement, avoiding an imminent strike. The deal defuses a fresh labor dispute at the world's largest copper mine, a key supplier to global markets. Details of the terms have not yet been made public, and the agreement still needs to be ratified by union members.

Why now: A strike at the world's largest copper mine would have disrupted global copper supply, making the last-minute deal newsworthy.

BHPEscondida minesupervisors' unionChile

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