US EditionSamarco Mineração SA to Invest Over US$1B to Revive Iron Ore Operations
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Samarco to invest more than $1bn to boost iron ore production by 2028
Samarco Mineracao, a joint venture between Vale and BHP Group, has announced plans to invest more than $1bn to restore its iron ore operations to full capacity by January 2028.The post Samarco to invest more than $1bn to boost iron ore production by 2028 appeared first on Mining Technology.
Samarco Mineração SA to Invest Over US$1B to Revive Iron Ore Operations
Samarco Mineração SA is gearing up for a major iron-ore comeback, with plans to invest over US$1B to fully restore its iron ore operations by January 2028. This ambitious target comes more than 12 years after a tailings dam disaster brought the operations to a halt. In a recent interview with Bloomberg News, CEO Rodrigo Vilela and other top executives revealed that the final budget will be confirmed next year. Samarco, a joint venture between Br…
After the collapse of the Fundão dam in Mariana (MG), which caused the death of 19 people and an environmental disaster, Samarco was paralyzed for 5 years
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