Workers at BHP's Spence copper mine in Chile accept wage offer, ending strike risk and easing labor tensions.

Workers at BHP's Spence copper mine in Chile accepted the company's latest wage offer, ending the tense collective bargaining process. The mine accounts for about 1% of global copper supply and averts a strike, easing labor tensions in Chile where high copper prices inflate worker wage expectations. Attention now shifts to BHP's larger Escondida mine, which has experienced lengthy strikes in the past.

June 14, 2024
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