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Saturday, October 15, 2022 - 01:14:13
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Mining News Pro - Supervisors at Antofagasta Plc’s Los Pelambres copper mine in Chile have reached a new contract agreement with the firm that includes wage increases, bonuses and various benefits, the union said late on Thursday, avoiding the risk of a strike.
Two weeks ago, 94% of the union members voted in favor of a walk-off after failing to reach an agreement in the formal negotiation period. Local law requires a five-day government mediation period, which can be extended to 10 days, to find a solution.
“We have improved and strengthened our contract, with more and better benefits, which reflect the value we deliver,” said a press release from the union.
Los Pelambres produced 336,300 tonnes of copper in 2021.
Chile is the largest global producer of the red metal ahead of neighboring Andean country Peru.
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