Aluminum   $ 2.1505 kg        |         Cobalt   $ 33.420 kg        |         Copper   $ 8.2940 kg        |         Gallium   $ 222.80 kg        |         Gold   $ 61736.51 kg        |         Indium   $ 284.50 kg        |         Iridium   $ 144678.36 kg        |         Iron Ore   $ 0.1083 kg        |         Lead   $ 2.1718 kg        |         Lithium   $ 29.821 kg        |         Molybdenum   $ 58.750 kg        |         Neodymium   $ 82.608 kg        |         Nickel   $ 20.616 kg        |         Palladium   $ 40303.53 kg        |         Platinum   $ 30972.89 kg        |         Rhodium   $ 131818.06 kg        |         Ruthenium   $ 14950.10 kg        |         Silver   $ 778.87 kg        |         Steel Rebar   $ 0.5063 kg        |         Tellurium   $ 73.354 kg        |         Tin   $ 25.497 kg        |         Uranium   $ 128.42 kg        |         Zinc   $ 2.3825 kg        |         
Image source: pixelied.com / pixabay.com

Rio Tinto Ltd has initiated negotiations to prevent a strike at its Oyu Tolgoi copper mine in Mongolia. The potential strike arises from a dispute over worker salaries and benefits. Union representatives and government officials are actively participating in discussions to resolve the issues.

NGO OT Watch reported to Reuters that workers are demanding wages comparable to those paid for similar work at other Rio Tinto mines. Currently, workers earn a “miserable $1,596 per month for work far from home,” OT Watch stated.

A Rio Tinto spokesperson emphasized the company’s commitment to finding a resolution that benefits all parties involved. Oyu Tolgoi is a significant component of Rio Tinto’s copper operations, contributing substantially to the company’s output. The mine is a crucial asset in Mongolia, with significant investments and collaborations with the local government and workforce.