Supervisors at Escondida evaluate proposal
Friday, October 16, 2020 - 5:42:58 PM
Mining

The union of supervisors at the sprawling Escondida mine last week rejected BHP’s final offer in contract negotiations, but both parties agreed to extend talks this week.

The union told Reuters talks would continue through Oct 16.

Several labor negotiations at mines in Chile, the world’s top copper producer, have supported copper prices in recent weeks. Though the sprawling Escondida mine could continue to operate even if supervisors walked off the job, a strike could lead to production bottlenecks or slowdowns.

Escondida produced 1.19 million tons of copper in 2019.


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