https://newsletter.mw.creamermedia.com
Business|Copper|Financial|Projects|Refinery
Business|Copper|Financial|Projects|Refinery
business|copper|financial|projects|refinery

Chile copper miner Codelco reaches contract agreements with 3 unions

18th December 2023

By: Reuters

  

Font size: - +

Chilean miner Codelco, the world's No. 1 copper producer, said on Monday it reached contract agreements with three unions, putting off the risk of a strike at the state-run giant.

Codelco reached an early agreement with two unions at its Ventanas division, a copper refinery in the town of Ventanas about an hour from Valparaiso, the miner said in a statement. The 36-month contract offers were accepted by more than 70% of those who voted.

In Santiago, the supervisors' union, which had been in a formal negotiation period with the company, agreed on a 30-month contract with 92% of the vote.

Codelco said the three new agreements "respond to the current business context and seek to increase the company's competitiveness," though it did not disclose their financial details.

The miner is going through a historic production slide due to delays in progress on so-called structural projects, which seek to counteract a dip in deposits' mineral grade.

Edited by Reuters

Comments

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 28 February 2025
Magazine round up | 28 February 2025
28th February 2025
The team from Mine Rescue Services that was involved in the rescue and recovery operation at the Buffelfontein gold mine in Stillfontein, in front of the Mobile rescue winder that extricated the illegal miners
Equipment, training behind Stilfontein rescue success
28th February 2025 By: Halima Frost

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.08 0.152s - 126pq - 2rq
Subscribe Now