Sherritt cuts nearly half of Canadian workforce as Cuba nickel/cobalt reserves depleted
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Workers at Ferrominera Orinoco's Iron Ore Handling Plant in Puerto Ordaz have shut down operations demanding salary increases and profit-sharing bonuses, leading to suspension of administrative transport and school closures. The strike disrupts iron ore output in Venezuela's Guayana region, potentially affecting export revenues and local supply chains. The duration and broader economic impact remain uncertain as negotiations are ongoing.
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