Samako is expected to reach an agreement with the Brazil gov
2016-02-20
Brazil, Attorney General of long Luis Inacio Adams (Lu, s indium, CIO Adams in an interview with Reuters, said the government hopes to before 19 samaka (Samarco) Co., Ltd. to reach an agreement. If the two sides reached an agreement, the environmental issues are expected to be resolved soon, the fastest possible recovery of the company's ma ke this year.
On November 5, samaka company located in Minas Gerais Mariana near the city of Germano (Germano) iron ore tailings dam burst event, resulting in 17 deaths and serious environmental pollution. All mine company by the Brazil government ordered to stop production.
Samako is a joint venture between Brazil's vale and BHP, each of which accounts for half of the shares. After the outburst events, the Brazilian government requirements sammarco and the two parent company total compensation of 200 billion reais ($49.1 billion).
In April 2014, samaka company investment 6.4 billion reais Germano iron ore pellet plant put into operation, which is sa Ma, the company's fourth largest iron ore plant, the former is expected to can bring $10 billion in export revenues to the company in 2015, the pellet mineral volume growth of 37% to 30.5 million tons / year.
