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Escondida Union to Copper Investors: Bet on Quick Wage Deal

Laura Millan Lombrana
Escondida Union to Copper Investors: Bet on Quick Wage Deal

The main union at Escondida in Chile presented its demands to owner BHP Billiton Ltd. on Friday, and the company has until the weekend to deliver its counteroffer. “If I was an investor, I would be betting on this being resolved quickly,” union spokesman Carlos Allendes said in an interview in Santiago on Wednesday. BHP and its workers at Escondida failed to reach an agreement last year, leading to the longest mining strike in Chile’s modern history.

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