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Marina Schwarz

Strike at Escondida Likely, Will Push Copper Up

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BHP and the Escondida labor union have failed to strike a deal, so chances are the biggest copper mine in the world is in for another strike, which is bound to boost prices further, in addition to falling inventories and despite weaker than expected economic data from China.

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Make that not likely but certain. They're now voting on when to start.

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