Webinar with Larry Spencer, Key Leader of Coal Miners Strike against Warrior Met and Black Rock, and UMWA District 20 Vice President
Larry Spencer is the UMWA District 20 Vice President, which represents the 1,100 coal miners in three UMWA locals which on strike against Warrior Met in Alabama since April 1, 2021. The strikers are fighting to reverse concessions that were foisted on them in 2016 when newly formed Warrior Met Coal bought two mines and one preparation plant during bankruptcy proceedings.
To keep their jobs, Warrior Met made the miners work up to seven days a week and take a $6-an-hour pay cut, accept reduced health insurance, and give up most of their overtime pay and paid holidays.
BlackRock became one of the three majority shareholders in the new company. Black Rock is the world's largest investor in fossil fuels and deforestation.