9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)

Industrial tensions escalate in BHP operations across Australia

Queensland coal mines on the verge of strike as train drivers in Western Australia hesitate.

Industrial tensions escalate in BHP operations across Australia

Security operators at BHP's coal mines in Queensland are contemplating a strike, while train drivers at the iron ore operations in Western Australia are holding back from a proposed strike. The situation has put BHP, a prominent Australian resource company, on alert.

Approximately 70-80 open-cut overseers (OCOs) at five BHP Mitsubishi Alliance (BMA) coal mines are currently engaged in a vote to decide whether to proceed with a strike. The voting process will conclude on October 20. If the safety OSCOs decide to stop work simultaneously, it could lead to a suspension of operations across all mines. According to Australian law, the OCO union is required to provide BMA with at least a week's notice before any planned stoppages. BHP is actively seeking a negotiated agreement with OCO, and the next meeting is scheduled for December 13.

Meanwhile, train drivers at BHP's iron ore mining operation in Western Australia had previously voted in favor of a strike in October, but no action has been taken yet. Members of the Mining and Energy Union have collectively decided to abstain from strike action while a vote is underway among its members to determine whether to accept BHP's proposal. The proposal includes considerations such as wage increases and other provisions.

BHP has aligned itself with other mining entities, including the Minerals Council of Australia, in denouncing a recently passed federal law mandating equal pay for all individuals performing the same job. The contentious legislation has sparked widespread criticism and is becoming a focal point of discussions between mining companies and labor unions. The industrial landscape in Australia's resource sector remains tense, with stakeholders closely watching the outcomes of these ongoing negotiations.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

Kardemir's 'Power Plant' has been commissioned

Sunday, December 22, 2024

Hasçelik becomes the leader in cold bar exports in 2023

Sunday, December 22, 2024

European car sales decreased by 2% in november

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now