Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work following a nine-day strike. Owners Cambior (CBJ-T) and Mazarin (MAZ-T) reached an agreement with the United Steel Workers yesterday.
The new contract runs over a three-year period to the end of April 2004. It covers 195 hourly rated employees who will get increases of 3% in the first two years of the contract and 2.5% in the last year.
The workforce has been without a contract since May 1.
The first-year raise is retroactive to the beginning of the new contract period.
Mazarin operates the mine and Cambior markets the ferroniobium alloy produced in the plant.
Robert LaVallire, a Cambior spokesman, says the short strike would have no effect on revenues because a significant inventory was available for delivery.
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