Train Drivers at BHP Group’s Australian Iron-Ore Operations to Strike

Train drivers at BHP Group’s Australian iron-ore operations have informed the miner of their intention to go on strike for 24 hours on Friday. The dispute revolves around various conditions, including rosters and accommodation, according to a statement from the union representing the workers.

A majority of eligible union members voted in favor of industrial action, which could involve work stoppages and speed reductions. The voting took place from February 2 to 9, as confirmed by the Mining and Energy Union.

BHP, the world’s third-largest producer of iron ore, heavily relies on this steel ingredient, making it a significant aspect of the mining giant’s underlying earnings before interest, taxes, depreciation, and amortization during the last fiscal year.

Warren Wellbeloved, BHP’s rail general manager, expressed that the company had presented a “fair and generous offer” in December. However, despite this, the majority of employees chose to continue bargaining. He further mentioned that BHP believes an agreement can be reached without interrupting the drivers’ work, but contingency plans have been put in place in case the strike proceeds.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image