Workers at Glencore's Australian coal mine have gone on strike over pay gap issues. Glencore is a multinational company that specializes in producing and distributing metals, minerals, and petroleum products. The strike affects the company's operations in Australia, where it has a significant coal mining presence. The strike is centered around pay disparities between workers at the mine and those in other Glencore operations. Glencore has not yet commented on the strike or its plans to address the pay gap issues.
Workers at Glencore's Ulan Underground mine in Australia have commenced a 24-hour strike, halting operations across all midweek shifts. The strike, initiated by the Mining and Energy Union (MEU), is a result of ongoing negotiations that have failed to address pay disparities between Ulan Underground and Glencore's neighboring Ulan West mine. The key issue is Glencore's refusal to align Ulan Underground's base pay rates with those at Ulan West, also Glencore-owned [1].
The strike, which began today, follows 16 months of enterprise bargaining talks. MEU members, frustrated by the lack of progress, voted to down tools, citing Glencore's stance as unfair. Craig Carberry, MEU NSW South-West District Vice President, stated, "It simply doesn't pass the pub test. We work for the same company, doing the same work just two kilometres down the road. We should be on the same base rate" [1].
The union has called on Glencore to return to the bargaining table with a fair offer. Carberry emphasized the importance of Glencore recognizing the value of Ulan workers and respecting the Mudgee community, rather than rejecting the mineworkers' claims outright [1].
The strike is part of a broader trend in the Australian mining industry where unions are leveraging new legislation to secure wage increases. A recent ruling by the Fair Work Commission against BHP, which will result in an extra $66 million in annual wage rises for over 2000 workers, is seen as a significant victory for unions and could have a "flow-on effect" throughout the industry [2].
Glencore's operations in Australia are significant, with the company owning and operating the Ulan Coal Complex, which includes both Ulan Underground and Ulan West mines. The strike is likely to impact Glencore's production and revenue in the region, potentially affecting its financial performance and investor sentiment [3].
References:
[1] https://www.miragenews.com/glencore-ulan-mine-workers-strike-over-pay-gap-1493124/
[2] https://thenightly.com.au/business/mining/workplace-umpire-rules-against-bhp-sending-shock-waves-through-industry-and-jeopardising-thousands-of-jobs--c-19278200
[3] https://seekingalpha.com/news/4465683-peabody-again-extends-worker-lockout-at-australian-coal-mine
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