Australian iron ore port hit by strike after 25 years

The largest port exporting iron ore in Australia, Port Hedland, has experienced a strike organized by labor unions for the first time since 2000. Approximately 150 workers participated in the two-day strike, aimed at pressuring BHP to reach a new four-year collective agreement. The strike involved stopping ship-loading operations, although some activities continued partially. The unions hope to improve working conditions and wages, as BHP has offered a 16% increase. The port accounts for about 75% of Australia's iron ore exports, with an estimated daily value of approximately $80 million. These disputes have contributed to maintaining iron ore prices, which have recently declined, with negotiations between the company and the unions ongoing until August 18.

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