Workers start strike at Peru's biggest iron ore mine
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Loading... - Ayala Allegra
- 28 Mar 2023
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Miners at major iron ore asset Shougang Hierro Perú started to strike after union and company representatives failed to reach a collective bargaining agreement.
The strike is expected to affect output, which was rising. Shougang's 2022production grew 7% to 12.8Mt, with national output rising 6.5% to 13Mt.
In January, Shougang’s production was 1.2Mt, up 52% year-over-year, according to latest data from the energy and mines ministry. Iron ore production was the only segment that grew in January, while production of other minerals dropped due to widespread social protests.
In September 2022, Ica region invalidated a strike by Shougang workers, but the labor ministry overruled the decision. Strike action restarted in October, but the constitutional court then overruled the ministry.
Although the mine has not been affected by protests, the current strike comes unexpectedly and adds uncertainty. Read More…
