Market Chatter: BHP Yet to Strike Deal With Unions on Wages, Working Conditions

MT Newswires Live06-23

BHP (BHP) and labor unions have yet to strike an agreement over wages and working conditions, but industrial action is not expected until their next bargaining meeting on July 7, Nikkei Asia reported Tuesday.

The Electrical Trades Union, the Australian Manufacturing Workers' Union, and the Western Mine Workers Alliance held talks with the company on Tuesday, according to the report.

In a joint statement, the unions stated they were making progress on a deal, but had yet to reach an agreement.

BHP and the unions did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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