Samarco secures environmental permit; expects to resume pellet production by the end of 2020

Brazilian iron ore pellet producer Samarco has received a license from a state environmental agency, allowing it to resume operations in its Germano complex, in southeastern Minas Gerais state, on Friday October 25.

With the license, issued by the Minas Gerais' state environmental council, Copam, Samarco has secured all environmental permits needed to resume operations, its 50% shareholder Vale said. It plans to resume activities around the end of 2020, after it concludes construction work of a dry tailings stacking system, which is expected to last 12 months. The restart of operations is subject to shareholder approval, the company added. Samarco is a 50:50 joint venture between Vale and BHP Billiton. In the meantime, Samarco will conduct maintenance works on its equipment and prepare for the restart of...

Published

Felipe Peroni

October 28, 2019

01:30 GMT

São Paulo