BHP Jun 2024 55.000 put
- Bloomberg
BHP Set to Avoid Chile Strike With Preliminary Union Accord
(Bloomberg) -- BHP Group reached a preliminary wage agreement with union leaders in Chile, signaling the company will avert a costly strike at a copper mine that accounts for about 1% of global supply of the wiring metal.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision Day: Markets WrapBlin
- Reuters
BHP and union to begin talks to avert strike at Chilean copper mine
Mining giant BHP and the union representing workers at its Spence copper mine in Chile will kick off on Wednesday government-mediated talks aimed at averting a strike, both parties said. BHP activated a mandatory five-day period of government mediation, typical of such labor talks in Chile, after union members massively rejected a new contract offer from the company earlier this week, paving the way for a strike. "We will meet in a couple of hours to start the mandatory mediation after BHP requested that," union head Ronald Salcedo told Reuters.
- Zacks
Rio Tinto (RIO) Invests in R&D Facility for BioIron Testing
Rio Tinto (RIO) is building a research and development facility in Western Australia to test the BioIron process, which is expected to aid in decarbonizing the global steel value chain.
