A wage negotiation is in sight at the world’s top copper mine, BHP Billiton’s Escondida mine in Chile, as workers want their share.
In a preliminary phase of the collective-bargaining process, management rejected demands by Union Number 1 for a 7% pay rise and a bonus of 25 million pesos ($US37,000), union spokesman Carlos Allendes said.
Workers are scheduled to vote on a final proposal January 24.
As the industry emerges from a glut that sank prices, the Escondida negotiations are being keenly watched by producers and investors alike.
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