2/24/2016

Vale mine workers held protest

Vale SA workers held protests at several of the company’s Brazilian iron-ore mines seeking a bonus that wasn’t paid after slumping prices eroded earnings. Blockades organized by the Metabase Belo Horizonte union prevented other personnel from entering operations in the state of Minas Gerais. The protests were cleared by 2 p.m. local time. Seven mines and two railway terminals were targeted, an official briefed on the matter said. The strike was halted while negotiations with Vale take place. Union leaders are scheduled to meet again on Feb. 29 to discuss any additional strikes or protests.