Global iron ore supply chain faces test! After unsuccessful labor negotiations, some workers at BHP's (BHP.US) Port Hedland port went on strike today.

According to the Wise Financial APP, negotiations at the last minute were unable to avoid industrial action, and employees of BHP in Port Hedland, Western Australia, will hold their first strike at the Pilbara iron ore hub since 2000. The strike involves approximately 200 operators and maintenance workers, represented by the "BHP Port Union". The strike will begin at 2 p.m. local time on Thursday and will last for 8 hours. According to the union's statement, workers and their families will also hold a community activity day.