South32 Nickel Union Says Offer May Help Avert Colombia Strike

  • Proposal of 7% wage hike is closer to Colombian union demands
  • Two sides to meet Monday before strike deadline on Tuesday

The main union at South32 Ltd.’s Cerro Matoso mine in Colombia, the world’s second-biggest source of ferro-nickel production, said there’s a greater chance of reaching a three-year wage agreement and avoiding a strike after management sweetened its offer.

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