BHP Seeks Government-Mediated Wage Talks With Remote Operators in Las Condes Amid Potential Strike at Escondida and Spence Mines

BHP has initiated government-mediated wage negotiations with remote operators managing its Escondida and Spence mines from Las Condes, Chile, amid tense collective bargaining discussions that could lead to a strike. The company has turned to the Dirección del Trabajo (DT) for mediation to resolve the labor dispute. This development occurs alongside other notable market activities in Chile, including Elecmetal reporting consolidated profits of 26,048 million Chilean pesos due to increased sales and lower metallurgical business costs, and Antofagasta Minerals CEO Iván Arriagada highlighting that Chile's main industry, mining, remains exempt from tariffs. Additionally, BTG Pactual and MBI lead market projections for the IPSA index, while a legal conflict has arisen within AVO 1, involving a lawsuit between a construction company and a concessionaire, both linked to Sacyr.