
Anglo American Workers Strike Against Contract Labor Conditions in Chile
Source: Corpwatch
Some 4,000 contract workers at Los Bronces copper mine in Chile went on strike against Anglo American, a UK-based mining multinational from South Africa. The strike is the latest in a series of protests against the Chilean copper industry, the world’s largest producers of the metal.
Copper is Chile’s most important product. One fifth of Chile’s gross domestic product is derived from copper and the metal makes up 60 percent of exports. As much as a third of global production of copper comes from Chile with the bulk shipped to China for manufacturing. (Copper is also extremely valuable in China, so much so that it is often used as a backing for bank loans)