Currently viewing Global edition

BHP approves funding for Samarco restart

BHP has approved US$44 million in funding for work related to restart of a concentrator at the Samarco iron ore operation in Brazil, which has been closed since a deadly dam collapse four years ago.
BHP approves funding for Samarco restart BHP approves funding for Samarco restart BHP approves funding for Samarco restart BHP approves funding for Samarco restart BHP approves funding for Samarco restart

Concentrator 3 at the Germano complex in Minas Gerais, Brazil

Staff reporter

BHP said the money "will enable the construction of a filtration plant over the next 12 months and the commencement of operation readiness activities for restart".

Samarco received a licence to resume operations at reduced capacity on October 25.

BHP said Samarco "has now obtained all environmental licenses required to progress towards operational restart".

Restart is dependent on the implementation of the filtration system, putting restart in late 2020.

Samarco is a 50/50 joint venture between BHP and Vale.