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Chilean Labor Reform Threatens Shake-up in Copper Industry

Chilean copper miners who have grown reliant on cheap outsourced workers are bringing more of them in-house or bracing for salary hikes ahead of the expected passage of a pro-worker reform bill. The legislation, on track to be approved in March, is likely to raise labor costs and marks the latest blow to mining companies in the world's No.1 copper exporter already hit by flagging productivity and prices near six-and-a-half-year lows. The reform is set to boost the bargaining...

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