Unionized workers at Chile's Escondida copper mine, the world's largest, began Thursday a 24-hour strike to protest recent layoffs affecting about 3% of the operation’s workforce.
Majority owner and operator BHP (ASX, NYSE:BHP) (LON:BLT), had said Wednesday the downsizing was part of ongoing adjustments to the mine’s workflow. But Escondida’s main union said in a statement (in Spanish) it was an act of “retaliation” for the 43-day strike that took place early this year, and which caused the company to lose over $1 billion.
More to come…
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