09:42 AM EDT, 08/14/2024 (MT Newswires) -- BHP Group ( BHP ) is holding a new round of negotiations with union leaders at the Escondida mine in Chile in an effort to end a strike at the world's biggest copper operation, Bloomberg reported Wednesday, citing people familiar with the matter.

Talks were set to begin at 8:30 a.m. Chilean time, the people told Bloomberg. The strike, which has entered its second day, has disrupted operations at the site responsible for roughly 5% of the world's mined copper, according to the report.

BHP did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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