14
Mar
16:33
Samarco to restart by the end of 2016
Vale and BHP joint-venture, Samarco Mineração SA, is planning to restart its activities by the end of 2016, Kallanish learns from local reports. The company’s output is expected to be set at approximately 19 million tonnes of iron ore per year, compared to the 30mt obtained before the disaster, reports suggest.
According to sources in the industry, the restart costs are not expected to be high as the mine did not suffer any relevant damage.
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Anonymous
Very good overview of the weekly steel market.
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