financetom
Business
financetom
/
Business
/
Workers at BHP's Escondida mine in Chile reject contract offer, union says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Workers at BHP's Escondida mine in Chile reject contract offer, union says
Aug 1, 2024 3:16 PM

SANTIAGO (Reuters) -Workers at BHP's Escondida, the world's largest copper mine, rejected an offer for a new collective bargaining agreement, setting the stage for a potential strike, the union said on Thursday.

A total of 2,371 workers, or about 99.75% of union members, voted in favor of the strike. In a statement, the union said the call for a strike was "overwhelmingly backed by partners" that saw the offer made "no legitimate progress towards worker goals."

The union reiterated its demand for 1% of dividends to distribute equally among workers and said the current offer by the company also extended work days and cut benefits.

The statement said the current offer uses "one-time bonuses that try to hide the definitive loss of conditions."

Chilean legislation lets either party call for five days of government mediation, extendable by another five days if both parties agree, to avert a strike.

In a statement, BHP said it would request government mediation in "the coming days" and hopes to reach "an agreement compatible with worker aspirations and Escondida's future sustainability."

BHP owns more than half of Escondida, along with Rio Tinto and JECO Corp.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved