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JX Nippon Copper Workers to Strike as Chile Wage Talks Fail

From bnnbloomberg.ca

Workers at the Chilean copper mine owned by Japan’s top smelter will walk off the job Tuesday after mediated wage talks with management broke down. Members of the main union at the Caserones mine opted to strike given the company’s unwillingness to improve its previous offer, the union said in a statement. “We regret the company’s position,” Union President Marco Garcia said. “We have exhausted everything in the dialog we had and have no other choice but to strike.” The strike comes amid a slew of collective bargaining in Chile that also includes Codelco’s Andina mine and BHP Group’s Escondida, the world’s top copper ... (full story)

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  • Category: Fundamental Analysis