Some 1,000 workers at Shougang Hierro, Peru's only iron ore producer, have gone on strike demanding higher wages and better working conditions. The workers held a 10-day strike in July, which ended when the company indicated that it would raise wages. The Chinese-owned company did not meet their demands to increase their pay by $1.91 per day, and the workers have now returned to an indefinite strike.
According to the company website, the capacity for iron ore mining at Shougang Hierro is approximately 5,000,000 tons per year. In February 2009, the company announced a $1 billion expansion plan. (Neda News [2], Sept. 29)
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