Freeport reaches wage deal with union at Chile-based El Abra mine

• Unionized workers at Freeport McMoRan's (NYSE:FCX) El Abra copper mine in Chile say they have accepted a wage contract offered by the company.
• Tensions between FCX and the union have been high since the company scaled back El Abra's operations last year and laid off 650 workers.
• El Abra produced 147.2K metric tons of copper last year, according to Chilean government statistics.