Markets
5.2
Codelco Andina Contract Workers Strike Disrupts Copper Output in Chile
Published 15 h ago2 sourcesEvidence: Reported
SeverityModerateAssessedDeveloping storyBioBío ChileLow-rated sourceCL
Supervisors at BHP's Escondida copper mine in Chile reached a pre-agreement with management, avoiding a strike that had been announced for Wednesday's first shift. The deal, confirmed after the union had declared negotiations failed, removes an immediate supply risk for copper. The agreement's terms and ratification remain pending, but the immediate disruption is averted.
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