You are being redirected to the story the piece of content is found in so you can read it in context. Please click the following link if you are not automatically redirected within a couple seconds:

Brazil: Operations at iron mine to resume, contingent on BHP & Vale safeguarding against another fatal dam collapse

Author: Marta Nogueira, Reuters, Published on: 30 October 2019

"Vale, BHP's Samarco gets license to resume operations after dam burst", 25 October 2019

Samarco, a joint venture between Vale…and BHP Group,…[has] won permission to resume operations at their Germano iron ore mine…roughly four years after a fatal dam collapse there. Vale said…it expected production at the joint venture…to resume toward the end of 2020. Resumption will be contingent on a [new] filtration system – which will take about a year to build – [allowing]… “dry stacking” technology to dispose of mining waste, replacing the previous tailings dam-based system. The mine…once produced nearly 25 million tonnes of…ore a year…[but] it will restart at an annual rate of less than a third of that…with [the] potential of increase[ing]…within...six years.

The Samarco…venture signed a deal with state and local authorities in March 2016 to create a foundation to oversee the clean-up…after the disaster,…spen[ding] over [R$6 billion]…but some victims have complained about the pace of rebuilding efforts. Vale on Friday reported weaker-than-expected earnings nine months after another fatal mine accident which has sparked a renewed effort by the company to dismantle its most dangerous tailings dams.

Read the full post here

Related companies: BHP (formerly BHP Billiton) Samarco (joint venture BHP Billiton and Vale) Vale