Samarco expected to resume operations by 2020, Vale says

Samarco, the iron ore pellet producer with 50:50 ownership by Vale and BHP, should restart operations in Brazil early in 2020, Vale said on Thursday October 25.

The company was already building a new tailings dam and expected to request an operating permit before the end of 2019.

Vale was now more confident that Samarco would be allowed to operate again, chief executive officer Fabio Schvartsman told analysts in a conference call. The situation had been uncertain because of legal and community issues until...


Renato Rostás

October 25, 2018

20:35 GMT

São Paulo