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BHP iron ore workers vote to strike on July 18 at Port Hedland
The stoppage could disrupt A$120 million in daily iron ore revenue after six months of talks failed to produce a four-year labour deal.
- On Wednesday, the Combined Ports Unions announced an 8-hour strike at BHP's Port Hedland iron ore facility for July 16, following six months of failed negotiations over a new four-year labor deal.
- Electrical Trades Union WA Secretary Adam Woodage accused BHP of 'US-style stonewalling,' arguing the company failed to negotiate fair wages despite earning more than $100 billion in profits over five years.
- The planned stoppage involves 236 of about 450 employees, potentially disrupting $129 million in daily revenue at the facility, which typically ships around $150 million of iron ore each day.
- WA Premier Roger Cook expressed concern regarding potential industry disruption on Wednesday, while BHP shares fell 3.16% as investors reacted to the looming industrial action.
- This represents the first strike action in the region in around 40 years, marking a significant escalation in the Combined Ports Unions' broader push to penetrate Australia's mining heartland.
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BHP workers to launch eight-hour strike at world’s biggest iron ore export terminal (BHP:NYSE)
Workers at BHP's Port Hedland iron ore export terminal in Western Australia will hold an eight-hour strike, after unions said they failed to reach an agreement following months of wage talks
·United States
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BHP iron ore workers vote to strike on July 18 at Port Hedland
MELBOURNE, July 8 (Reuters) - Workers at BHP's Port Hedland operations in Western Australia gave notice of an eight-hour work stoppage on Wednesday set for July 16, which is expected to disrupt daily revenue of A$120 million ($83.16 million) worth of...
Coverage Details
Total News Sources15
Leaning Left3Leaning Right3Center5Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
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