Reuters reported that Southern Copper workers in Peru are considering striking after January 15 if a deal is not reached.
As quoted in the market report:
Union members are pressing for a 15 percent wage increase as well as better safety conditions and health benefits, Juarez said, adding that Southern Copper so far has offered to raise salaries no more than 5.5 percent.
Is the “looming copper supply crunch” fact or fiction? It’s time to debunk a few industry myths.
Learn everything an investor needs to know about copper supplies and demands. Click below for a FREE industry report on copper investing.