Company Announcements

Samarco Update

Source: RNS
RNS Number : 7535J
BHP Group PLC
23 December 2020
 

 

 

 

NEWS RELEASE

 

Release Time

IMMEDIATE

Date

24 December 2020

Release Number

27/20

 

 

 

Samarco Update

 

Samarco Mineração S.A. (Samarco) has met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex in Espírito Santo, Brazil, and has commenced iron ore pellet production.

 

Samarco's operations were suspended following the failure of the Fundão dam on 5 November 2015.

 

Samarco's gradual restart of operations incorporates concentrator 3 at the Germano complex and pelletising plant 4 at Ubu, as well as a new system of tailings disposal combining a confined pit and tailings filtering system for dry stacking.

 

Independent tests have been carried out on Samarco's preparations for a safe restart of operations. Samarco expects initially to produce approximately eight million tonnes of iron ore pellets per annum.

 

The extensive work undertaken by the Renova Foundation (Renova) to remediate and compensate for the damages of the failure of the Fundão dam in 2015 continues, and BHP Billiton Brasil Ltda. continues to support Renova in its work. By November 2020, Renova had spent approximately BRL 10.7 billion (approximately US$2.1 billion) on its remediation and compensation programs. By November 2020, approximately BRL 3.1 billion (approximately US$620 million) had been paid in indemnities and emergency financial aid to approximately 325,000 people.

 

BHP Billiton Brasil Ltda. and Vale S.A. each hold a 50 per cent interest in Samarco.

 

 

Further information on BHP can be found at: bhp.com

 

 

 

 

 

 

 

 

 

 

Authorised for lodgement by:

Geof Stapledon

Acting Group Company Secretary

 

 

 

 

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Judy Dane

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Australia and Asia

 

Tara Dines

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James Bell

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Brian Massey

Tel: +1 713 296 7919  Mobile: +1 832 870 7677

 

 

 

BHP Group Limited ABN 49 004 028 077

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Registered in Australia

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Melbourne Victoria 3000 Australia

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LEI 549300C116EOWV835768

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