TUC Risks 4th August 2007 reported that the global asbestos industry suffered two serious blows last month.
In the first, LAB Chrysotile Inc started bankruptcy proceedings on 25 July, a move that should see the closure of Canada's last asbestos mine.
The end of asbestos mining in Quebec could have a dramatic knock-on effect for the industry worldwide. The Quebec-based Chrysotile Institute, the global asbestos industry's main lobbying organisation is financed by the Canadian industry and money from the federal Canadian and provincial Quebec governments.
With the industry's demise in Canada, it could now lose its major backers. If this happens it would deal a serious blow to the asbestos industry's resurgent marketing efforts in developing nations.
In the US meanwhile, a ban on asbestos moved a step nearer. Democrat senator Patty Murray's Ban Asbestos in America Act of 2007 was passed unanimously on 31 July by the US Senate Committee on Environment and Public Works. It will now move to the Senate floor.
www.tuc.org.uk/risks
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