Workers at Yancoal Australia Mine Vote to Strike Over Pay

Investing.com -- Workers at Yancoal Australia's (ASX:YAL) Premier coal mine have approved strike action, according to the Mining and Energy Union, as they push for higher wages and greater certainty over entitlements and future earnings. The vote took place on Wednesday.

More than 90% of union members backed all proposed actions, including work stoppages lasting longer than 12 hours. The union did not specify when the strike would begin.

The Australian Manufacturing Workers' Union is also supporting the strike, with 93% of its members voting in favor of industrial action.

The Premier coal mine supplies coal to power generators in Western Australia. The facility is scheduled to close around the end of the decade, as Western Australia moves away from government-owned coal-fired power generation by 2030.

The union said the current enterprise agreement contains six possible roster arrangements, some of which could affect redundancy calculations if implemented.

Yancoal Australia did not immediately respond to a request for comment. The company's majority shareholder is Yankuang Energy (SHA:600188), a Chinese state-backed mining company.

Australian mining companies are contending with a rise in industrial action as workers grapple with inflation and workplace law changes under the Labor government.

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