BHP’s double whammy: Escondida strike and iron ore dive could throttle Big Australian’s earnings
Goldman Sachs analysts say Escondida strike could hit BHP bottom line for US$240m in the second half of CY2024 The last major strike by the Sindicato No. 1 union in 2017 lasted 44 days, but costs are expected to be far higher in 2024 Copper strike and iron ore price drop have Big Australian at…...