trending Market Intelligence /marketintelligence/en/news-insights/trending/kBZDGb-FBKZ0mE3m9I30pA2 content esgSubNav
In This List

Codelco workers to join general strike over public transport costs in Chile

Blog

Global Clean Action Energy Forum

Video

Insight Monthly, October 2022

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall


Codelco workers to join general strike over public transport costs in Chile

Workers at Chilean state copper miner Codelco plan to join a general strike scheduled for Oct. 23 against a hike in public transport costs, Reuters reported Oct. 22, citing the head of the union group.

Unionized workers at BHP Group's Escondida copper mine downed tools Oct. 22 in solidarity with protests against the hike.

The union leader said the different unions at Codelco will meet at the end of this week to evaluate the situation to plan future actions.

Several sectors are joining the strike along with the Copper Workers Federation, including teachers and public employees, according to the newswire.

Codelco's pretax profit for the first half of 2019 plummeted 74% year over year to US$318 million amid lower copper prices, bad weather and a strike at its flagship Chuquicamata operation in Chile.