Spence mine union in Chile accepts BHP salary offer

(Bloomberg) — Workers at a BHP Group copper mine in Chile accepted the company’s latest wage offer, ending a tense collective bargaining process in an operation that represents about 1% of the world’s supply.

Bloomberg’s Most Read

Spence workers voted in favor of a preliminary agreement reached between management and union leaders in mediated talks this week, the union said in a text message Friday.

Avoiding a strike at Spence, which produced about 250,000 metric tons last year, eases tensions in a busy collective bargaining schedule in Chile at a time when high copper prices are boosting producers’ profits and inflating expectations. salaries of their workers.

Attention now turns to BHP’s other Chilean operation, Escondida, which is more than four times the size of Spence and has been the scene of lengthy strikes in the past.

Original Note: BHP Copper Miners Accept Wage Offer, Easing Chile Labor Tensions

Related posts