BREAKING NEWS

BHP Group approves $44 million for Samarco restart

BHP Group approves $44 million for Samarco restart
FILE PHOTO: BHP Billiton logo at a roundtable meeting in Tokyo, Japan June 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo -
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Kim Kyung Hoon(Reuters)
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(Reuters) – BHP Group Ltd <BHP.AX> on Friday said it has approved $44 million for work related to the restart of a concentrator at Samarco Mineracao’s operations at the Germano iron ore complex in Brazil.

The world’s largest miner said that the funding will enable the construction of a filtration plant and a restart at Samarco, where operations were suspended following the failure of a dam in November 2015.

(Reporting by Aby Jose Koilparambil in Bengaluru)

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