IRON-ORE
Diversified mining groups BHP Billiton and Vale, which jointly own the Samarco operation in Brazil, will make provisions of up to $2.5-billion to cover for the costs of the joint venture's fatal dam disaster.
The charge reflects the “ongoing uncertainty surrounding the nature and timing of a potential restart of Samarco’s operations”, BHP Billiton said in a statement on Thursday.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access