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Glencore reaches labor deals at 13 Australian coal mines

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According to Market Intelligence, December 2022

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Glencore reaches labor deals at 13 Australian coal mines

Glencore Plc signed new enterprise work agreements with workers of its Hunter Valley coal mines in New South Wales, Australia, ending months of negotiations and repeated industrial actions, Reuters reported Dec. 8, citing a company spokesman.

While the agreements are being finalized, which involve workers of all 13 Glencore sites at the Mangoola, Ravensworth, Mount Owen, Liddell and Bulga operations in New South Wales, about 190 workers remain locked out of the company's Oaky North coal mine in Queensland.

Operations are running at maximum capacity at Oaky North using outside contractors. The company and Australia's Construction, Forestry, Mining and Energy Union, after 25 rounds of negotiations, have been unable to reach an agreement since the last agreement expired in mid-2015.

The dispute continues over wages, benefits, working conditions and hiring practices, the report added.