Aug 3 - A union representing striking workers at Vale SA's nickel mine in Sudbury, Canada reached a tentative agreement to settle an ongoing labor dispute that saw 2,500 workers walk off their job on 1 June hitting the Brazilian miner's production.
The 5-year agreement, posted on the United Steelworkers website, preserves significant monetary improvements for existing members and includes retiree health benefits for all future hires. It will be put to vote on Tuesday, a USW Local 6500 Union representative told Reuters.
Vale will also pay $2,500 to the workers in August in recognition of their efforts during the pandemic last year, according to the agreement recommended by USW Local 6500.
The local 6500 members of USW had rejected Vale's previous offers. They were against the company's plans to reduce health and medical benefits for retirees as well as minimum wage increases.