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Workers at the Chuquicamata mine have voted to strike on January 1st. The state-owned mine was forecast to produce 565,000 tons of copper in 2010. A strike would cost the firm around $8 million a day. This is the first time Codelco workers have voted to strike since 1996.
Copper hit $7,285 per ton with the three-month contract up 3 per cent after closing in London on Christmas Eve at $7,070 per ton.
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