Samarco funding restart preparation
(Posted on 04/11/19)
BHP has approved US$44 million for BHP Billiton Brasil Ltda’s share of funding for work related to the restart of one concentrator at Samarco Mineração S.A.’s (Samarco) operations at its Germano complex in Minas Gerais, Brazil. Samarco’s operations were suspended following the failure of the Fundão dam on 5 November 2015.
The funding will enable the construction of a filtration plant over the next 12 months and the commencement of operation readiness activities for restart.
On Friday 25 October 2019 the Mining Activities Chamber of the State Council for Environmental Policy in Minas Gerais, Brazil, granted the Corrective Operating Licence for Samarco’s operating activities at its Germano Complex.Samarco has now obtained all environmental licenses required to progress towards operational restart. Restart can occur when the filtration system is complete and Samarco has met all necessary safety requirements, and will be subject to final approval by Samarco’s shareholders.BHP Billiton Brasil Ltda. and Vale S.A. each hold a 50 per cent interest in Samarco.
BHP has executed a 15-year contract extension to its power purchase agreement (PPA) with energy provider... Read more
Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “... Read more
Michelle Manook, Chief Executive, World Coal Association (WCA) has issued a statement on the World Energy... Read more
Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling... Read more
As part of its environmental modernization program, by 2024 RUSAL, a leading global aluminium producer... Read more
As the North American economy continues its recovery, CN is pleased to announce that its people moved... Read more
FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape,... Read more
BHP CEO Mike Henry has announced BHP’s commitment to training and funding for 3,500 new Australian... Read more
The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders... Read more
RUSAL, a leading global aluminium producer, has announced that it has been registered as a new resident... Read more