✉news BusinessLabor first seen 22 h ago, last 1 h ago, peak #1
BHP and Escondida supervisors reach deal to avert strike
Original: BHP, Escondida supervisors reach deal to avert strike at Chile copper mine
BHP and the supervisors' union at the Escondida copper mine in Chile have reached an agreement that prevents a strike at the world's largest copper mine. The deal, reported by Reuters, heads off industrial action that could have disrupted production and global copper supply. Escondida is a key economic asset for Chile, and past labor disputes there have affected output and prices.
Why now: The agreement averts a strike at the world's largest copper mine, a major concern for Chile's economy and the global copper market.
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