Workers at BHP’s Escondida copper mine will strike after failing to reach agreement
Commodities
14 August 2024, 11:02 pm 1 minute
Reuters was first to report that workers at BHP’s Escondida copper mine in Chile, the world’s largest, would go on strike after failing to reach an agreement with the company. The stoppage has potential to have a lasting impact, reminiscent of the last major Escondida walkout in 2017, which hit BHP’s copper production and pushed up global prices of the metal, used to make wiring and nearly every single electronic device.
Market Impact
The stoppage has potential to have a lasting impact, reminiscent of the last major Escondida walkout in 2017, which hit BHP’s copper production and pushed up global prices of the metal, used to make wiring and nearly every single electronic device.
Article Tags
Topics of Interest: Commodities
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: Chile
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
