The agreements at El Teniente, certainly one of Codelco’s greatest models, encompassed talks with 5 unions, representing almost 3,150 staff. The brand new contract will take impact Nov. 1 and final by way of 2027.
Andres Music, normal supervisor of El Teniente, stated the deal will introduce new labor practices which might be poised to extend the corporate’s productiveness.
“Codelco appreciates the local weather of dialogue and understanding through which the negotiations have been carried out,” the corporate stated in a press release, noting that it sought to steadiness enterprise variables and security with incentives and advantages for staff.
At Ministro Hales, a smaller division that produced 126,000 metric tons of copper final yr, the brand new three-year contract will take impact in December.
Codelco didn’t element the particular phrases for both mine web site.
(By Fabian Andres Cambero and Daina Beth Solomon; Modifying by Sarah Morland and Alistair Bell)