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Copper costs have soared to record highs this yr, handing unions in Chile further leverage, ratcheting up tensions in labor negotiations and placing stress on international provide of the crimson metallic.
On Thursday, two unions at Andina walked off the job after rejecting the newest contract provide, whereas staff at JX Nippon Copper’s Caserones mine additionally went on a strike after labor contract talks collapsed.
Andina produced 184,000 tonnes of copper in 2020, whereas Caserones delivered 126,972 tonnes of copper in 2020.
On Thursday, staff at Chile’s Escondida mine, the world’s greatest copper deposit, authorized a brand new contract, avoiding a labor strike.
Associated learn Chile’s mining industry sees 2-3 years of high copper prices
(With recordsdata from Reuters)
