BHP Billiton said in an email statement that its Escondida copper mine has submitted a final proposal to the union representing the company's directors and employees as part of the collective bargaining process. The proposal includes increases in pay, allowances, and benefits, as well as adjustments to operating practices and negotiation termination clauses. The company also proposed a new agreement for a period of three years. BHP Billiton said the negotiations were conducted against the backdrop of declining production levels, increased cost pressure, and investment plans aimed at maintaining future production capacity. The Escondida copper mine said the operation was “running normally.”

BHP Billiton said in an email statement that its Escondida copper mine has submitted a final proposal to the union representing the company's directors and employees as part of the collective bargaining process. The proposal includes increases in pay, allowances, and benefits, as well as adjustments to operating practices and negotiation termination clauses. The company also proposed a new agreement for a period of three years. BHP Billiton said the negotiations were conducted against the backdrop of declining production levels, increased cost pressure, and investment plans aimed at maintaining future production capacity. The Escondida copper mine said the operation was “running normally.”