BUSINESS

Rio Tinto Alcan Lock Out: Tentative Deal Reached With 800 Works At Quebec Smelter

07/02/2012 12:05 EDT | Updated 09/01/2012 05:12 EDT
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ALMA, Que. - Rio Tinto Alcan has struck a tentative deal with the union representing nearly 800 locked-out workers at its aluminum smelter in Alma, Que.

Workers will vote on the agreement in principle later this week — which could end a six-month-long labour dispute with the company.

The union has declined to comment on the proposed agreement until after its members have had a chance to vote on it.

The Alma plant hosts one of the aluminum giant's most-important smelters in North America.

Rio Tinto Alcan (NYSE:RIO) locked out 780 workers on Dec. 30 after last-ditch contract talks collapsed.

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