Mining
Vale to suspend operations at Sudbury after failed labor talks
The tentative five-year contract would have seen workers receive a 4 per cent pay raise over the next four years, plus $2,500 recognition pay for the past year working through the covid-19 pandemic and a $3,500 signing bonus.
This is the first time USW 6500 workers have been on the picketline since a year-long strike ended in July 2010.
Vale said in the filing that USW Local 6200, which represents employees at its separate Port Colborne refinery, were favorable to the proposed deal.
Sudbury produced 43,200 tonnes of nickel last year, representing a bit less than half of Vale’s overall Canadian output of the base metal.
(With files from Reuters)