Economic

Workers Set to Strike at World’s Largest Copper Mine

“Workers at the world’s largest copper-mining operation are expected to strike on Thursday, driving up copper prices on fears of a shortage of the metal and expectations it could trigger stoppages at other mines.

A strike at the BHP Billiton Ltd.-controlled Escondida mine in Chile would follow unsuccessful talks on worker compensation between union officials and management, most recently mediated by the Chilean government. It would halt production from the mine in the Atacama Desert in northern Chile that accounts for roughly 5% of global output of copper.

Source: Workers Set to Strike at World’s Largest Copper Mine – WSJ

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