8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Codelco reaches contract agreement with El Teniente supervisors

2020-09-16 13:38:46   【Print】
Chile's state-owned copper miner Codelco said on Monday it had reached a contractual agreement with the supervisors' union at El Teniente mine, reflecting the new constrained realities of the industry following the economic blow dealt by the COVID-19 pandemic.

The company said in a statement the agreement that supervisors would not receive a pay rise in the coming contract was backed by 88% of the union's members and the signed deal would remain in place for 36 months from Nov. 1, 2020.Asian Metal Copyright .Asian Metal Copyright "The responsibility and shared vision between the El Teniente supervisors and the company to meet goals and achieve the best results for Chile prevailed," said Codelco, which hands all its profits to the state.

In 2019, El Teniente generated around $1.046 billion in revenue and this year anticipated a similar amount, the company said.

The world's biggest copper miner has largely maintained production since the pandemic outbreak in March with a skeleton staff and all non-essential work halted, though June and July saw drop-offs in output. The company is also facing a combination of declining ore grades and costly overhauls of ageing mines.

.Asian Metal Copyright 1, 2020.Asian Metal Copyright