As ASARCO Emerges From Bankruptcy, AFL-CIO Urges Worker-Friendly Solution – 07/25/08
By Doug Cunningham
The U.S. Justice Department and Attorneys General in 22 states will decide how copper company ASARCO will emerge from bankruptcy and one way is much better for workers than the other. The AFL-CIO is urging the government to accept the bid of Vedanta Resources PLC. ASARCO employs 1500 United Steelworker members as copper miners. Grupo Mexico used to own ASARCO and it was constantly at war with its workers and their unions – which include the USW, the Teamsters, Boilermakers, IBEW, IAM, IUOE, Millrights and Pipefitters. The AFL-CIO says Vedanta PLC has a much better record and for workers and their families would be the better company to bring ASARCO out of bankruptcy.