BHP Group LimitedPlanned strike at Port Hedland could disrupt BHP's iron ore exports.

Workers at BHP's iron ore operations at the Port Hedland export terminal in Western Australia plan to strike on August 8-9 if a labor agreement is not reached at the next bargaining meeting on August 4, unions said on Friday. The strike will start with a 24-hour ban on ship-loading on August 8, followed by a 24-hour work stoppage at the terminal on August 9, according to the Electrical Trades Union. BHP, which exports all of its Western Australia iron ore through Port Hedland, said it is focused on reaching a fair deal and has offered a 16% pay raise, adding it has plans to ensure operations can safely continue. Up to 236 unionized workers are eligible to strike out of the terminal's total workforce of about 1,200 workers. The terminal ships more than 500 million tons per year of iron ore, mostly to China, and any disruption could reverberate through the global iron ore market.
BHP Group LimitedPlanned strike at Port Hedland could disrupt BHP's iron ore exports.