bhp billiton declares force majeure at escondi

  1. 286 Posts.

    Story in the Australian to day....

    A couple of excerpts...
    CHILEAN copper mine Escondida, controlled and operated by global miner BHP Billiton, today invoked force majeure on its copper concentrate shipments as a result of a near week-long strike.

    They say it was "producing an impact on the production of copper concentrates".

    The worokers have also blockes access to the port where copper is shipped from.

    Does anyone think that this may be good news for PNA and OZL? Would their demand ramp up or at the least CU price will rise?
    Cheers
    Dave

 
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