July 24, 2018 / 10:19 PM / 8 months ago

Chile's Escondida copper mine makes final offer to union

July 24 (Reuters) - BHP’s Escondida copper mine in Chile said on Tuesday it had made a final offer in talks with the union representing its rank-and-file workers that includes a beefed up contract signing bonus and a 1.5 percent increase in wages.

The Anglo-Australian miner offered a final signing bonus of $27,700, compared to its previous offer of $23,000. The 1.5 percent salary increase compared to a previous offer of a flat salary with increases only for inflation.

The union had requested a 5 percent salary increase and a bonus of up to $40,000 per worker.

The closely-watched talks come little more than one year after failure to reach a labor deal at the mine led to a 44-day strike that jolted the global copper market. (Reporting by Antonio de la Jara; writing by Aislinn Laing; Editing by Tom Brown)

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