Workers Strike at World's Largest Copper Mine in Chile

Union demands greater share of profits as Escondida mine halts production, impacting global copper market.

Union No. 1 represents 98% of frontline workers at the Escondida mine.
The strike follows failed negotiations over pay and working conditions with BHP.
Previous strikes at Escondida have significantly disrupted global copper prices.
BHP has implemented contingency plans to continue limited operations.
Analysts warn of potential market impact if the strike extends beyond a few weeks.