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Miners and labor activists from states including New York, Pennsylvania, Ohio, South Dakota, and West Virginia joined the picket lines in a show of solidarity with UMWA workers at Alabama’s Brookwood Mine, operated by Warrior Met Coal, of which BlackRock is the largest shareholder. The Alabama miners have been on strike for over four months as they seek a new collective bargaining agreement with Warrior Met.
UMWA Miners saved Warrior Met. We made the sacrifices that brought this company out of bankruptcy. While upper management was getting bonuses, UMWA miners took pay and benefit cuts. The productive, professional miners at Warrior Met mined the coal that meant the company could become successful again.
As Warrior Met strike nears end of fourth month, United Mine Workers appeals to Wall Street hedge fund
The strike by 1,100 coal miners against Warrior Met Coal in Brookwood, Alabama will reach the end of its fourth month on August 1, the longest strike by United Mine Workers of America members since the strike against Pittston Coal in 1989-90.
Protest in front of Blackrock headquarters (Source: NY Labor Council)
The miners walked out on April 1 to demand the reversal of $6-an-hour wage cut and other concessions the UMWA agreed to in 2016. Warrior Met has seen profits rise along with the demand by global steel producers for metallurgical coal and it will be announcing its second-quarter profits in a few weeks.
28 Jul 2021
Coal miners from across Alabama, West Virginia, and Pennsylvania protested outside the Wall Street firms like BlackRock, the biggest shareholder in Warrior Met Coal, on Wednesday in a fight for better union contracts.
For nearly five months, about 1,100 coal miners with the United Mine Workers of America (UMWA) have been on strike against Warrior Met Coal demanding a better contract.
In 2016, Warrior Met Coal filed for bankruptcy and in order to keep the company afloat, the UMWA agreed to pay cuts, fewer healthcare benefits, and less time off for coal miners with the promise that they would be rewarded once the company climbed its way out of the bankruptcy.
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