BHP union dispute continues in Bowen Basin

Company News


The dispute between unions and BHP Billiton Limited (ASX:BHP) continues at the company's coking coal mines in Queensland's Bowen Basin.

Unions have reportedly rejected the latest workplace agreements.

Union officials were mostly tight lipped but did say they had taken issue with parts of the agreement but would still present the proposal to its members.

The dispute which has continued for over a year, has impacted production through months of rolling strikes.  

With a strong Australian dollar, high costs and falling prices, BHP announced earlier this week it will stop production at its Gregory coking coal mine next month impacting almost 300 employees and contractors.  

BHP Billiton posted an annual net profit of $15.24 billion in the 2012 financial year. 

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