IRON-ORE
Mining major BHP Billiton has extended a $115-million short-term facility to its joint venture with iron-ore (JV) major Vale in Brazil, to carry out remediation and stabilisation work to support the Samarco operations.
BHP said on Friday that the funds would be released to Samarco only as required, and subject to the achievement of key milestones.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access