Strike at Escondida: Workers Demand Share in Dividends
Workers at BHP's Escondida copper mine in Chile have announced a strike after failing to reach a deal with the company. The union, representing around 2,400 employees, demands 1% of dividends to be shared among workers. BHP, Rio Tinto, and JECO Corp. jointly own the mine.
- Country:
- Chile
Workers at BHP's Escondida copper mine in Chile are set to go on strike following unsuccessful negotiations with the company, a union source confirmed on Tuesday.
As workers at the world's largest copper mine demand a 1% share of dividends to be distributed equally among themselves, the union stands strong in representing approximately 2,400 employees.
BHP, a dominant player in the mining industry, holds a majority stake in Escondida, in collaboration with Rio Tinto and JECO Corp.
(With inputs from agencies.)
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