Codelco unions federation rejects privatization proposal

Workers at state-owned Chilean copper mine, Codelco, have rejected a suggestion by a coalition partner of President Piñera that the company be sold off to fund the response to the pandemic. An internal document attributed to the far-right Independent Democratic Union (UDI) party and leaked to Chilean media suggested the privatization among a series of measures to raise money for the fiscus. However the Federation of Copper Workers (FTC), which groups together unions of the world’s largest copper miner, firmly rejected the measure.

Source: Reuters