Codelco reaches new agreement with union workers
2021-09-07 11:32:01 [Print]
Chile's state-owned Codelco, the world's largest copper producer has removed the threat of strike action by reaching an early collective bargaining agreement with the five unions representing workers at its key El Teniente mine.
The new terms of the labor agreement will be in place until the end of 2024, the company said on Tuesday August 31.
El Teniente produced 443,220 tonnes of copper in 2020, while output at Andina was 184,437 tonnes, according to Codelco's earnings report. Chile produced a total of 5.73 million tonnes of copper in 2020.
The new terms of the labor agreement will be in place until the end of 2024, the company said on Tuesday August 31.
El Teniente produced 443,220 tonnes of copper in 2020, while output at Andina was 184,437 tonnes, according to Codelco's earnings report. Chile produced a total of 5.73 million tonnes of copper in 2020.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China copper concentrate producers' output statistics by province by month
Unit: mt
