BHP (BHP) news

BHP Escondida workers approve wage deal in Chile, DF reports

Workers at BHP’s Escondida copper mine in Chile have approved a new wage agreement, averting the threat of a potential strike that had raised concerns over global copper supply disruptions. The union at the world’s largest copper mine reached the deal with BHP on Sunday, following earlier tensions…

Bharat Heavy 2Q EBITDA 12.86GB rupees, +69% y/y

Bharat Heavy Electricals Ltd (BHEL) reported an EBITDA of 12.86 billion rupees for the second quarter of the 2023-24 fiscal year, reflecting a year-over-year increase of 69 percent. This growth in EBITDA contrasts with the company’s consolidated net loss of Rs 238.12 crore for the same period,…

New Escondida wage offer would have to be voted on by workers

Workers at BHP’s Escondida copper mine in Chile, the world’s largest copper producer, are preparing to vote on a new wage offer following recent negotiations between the company and union representatives. The proposed agreement, aimed at averting a potential strike, is now subject to a formal vote…

BHP union in Chile says a wage deal is 'virtually done'

BHP Group (ASX:BHP) is nearing a resolution in its long-running wage negotiations with unionized workers in Chile, with the union indicating that a deal is "virtually done," according to recent reports. The agreement, if finalized, would bring an end to months of tense discussions and potential…

ImportantSupervisor's union and BHP's Escondida mine reach preliminary agreement to be ratified by members, strike would be avoided: Sources