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Escondida strike costs BHP Billiton $688m

James Thomson
James ThomsonColumnist
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For all of the wailing and gnashing of teeth in the Australian business community about industrial relations, BHP's latest production numbers are a reminder that we don't have it too bad.

The six-week strike at BHP's Escondida copper mine in Chile – the biggest copper mine in the world – will result in a $US546 million ($688.8 million) hit to pre-tax earnings due to "idle capacity" and other costs.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/business/mining/copper/escondida-strike-costs-bhp-billiton-688m-20170719-gxe85u