02
Jul
12:44
Vale, BHPB agree financial support for Samarco
Brazil’s Vale and Australia’s BHPB will support Samarco operations with short-term credit facilities during the second half of 2018. This was confirmed by the two Samarco shareholders in notices on their respective websites, monitored by Kallanish.
Vale and BHPB have assumed a short-term facility of $53 million each to support Samarco’s ongoing repair works and restart plan, as well as to cover fees for expert support, the shareholder…
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