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.
Latest News
NZAS reaches extension deal with Meridian
(Posted on 14/01/21)Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New... Read more
AISI updates six cold-formed steel design standards
(Posted on 10/01/21)The American Iron and Steel Institute (AISI) has updated six cold-formed steel design standards.AISI... Read more
NGFA announces Seyfert as new President and CEO
(Posted on 05/01/21)The National Grain and Feed Association (NGFA) in the USA has announced that Michael J. Seyfert will... Read more
Joint statement from PKKP and Rio Tinto
(Posted on 28/12/20)Rio Tinto and the Puutu Kunti Kurrama and Pinikura people (PKKP) confirm they have taken initial steps... Read more
2021 Coal demand rebound set to be short-lived
(Posted on 22/12/20)A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following... Read more
NGFA commends Congress for waterways provisions
(Posted on 22/12/20)The National Grain and Feed Association (NGFA) in the USA has commended Congress for including key inland... Read more
Rio Tinto appoints Stausholm as CEO
(Posted on 17/12/20)Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Since joining... Read more
Rusal a preferred supplier to Hyundai Sungwoo
(Posted on 17/12/20)RUSAL, a leading global aluminium producer, is pleased to announce that Hyundai Sungwoo Holdings Co,... Read more
Rio Tinto declares maiden Ore Reserve at Jadar
(Posted on 10/12/20)Rio Tinto has disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated... Read more
Shell wins BHP iron ore vessels LNG supply agreement
(Posted on 06/12/20)BHP has awarded its first LNG supply agreement for five LNG-fuelled Newcastlemax bulk carriers, which... Read more
