Brazilian minister personally involved with Samarco’s H2 restart

Tuesday, 16 May 2017 01:02:01 (GMT+3)   |   Sao Paulo
       

The Brazilian minister of mines and energy, Fernando Coelho Filho, said he’s been personally involved in different negotiations to help local pellet producer Samarco resume its activities.
The minister is reportedly holding talks with Ibama, Brazil’s environmental authority, the state of Minas Gerais, and cities near the plant to help Samarco resume its activities by H2.
 
“We expect Samarco to be operating by H2 this year,” the minister said.
 
Samarco, a 50/50 JV between Vale and BHP Billiton, halted its operations in November 2015, following a deadly iron ore waste dam burst that killed 19 people and polluted most of the nearby Doce River.
 
Coelho Filho said his efforts to help Samarco resume its operations are part of the Brazilian government’s measures to boost investments in the mining segment, as the country expects to approve new mining bills.
 
Samarco depends on pending licensing documents from the Minas Gerais state environment agency, Semad, and from the city of Santa Barbara, which is yet to issue a compliance letter.
 
Recently, Samarco said the pending compliance letter from the city of Santa Barbara was likely to delay its H2 restart forecast.


Similar articles

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials

Anglo American’s iron ore output up 9.4 percent in Q1

24 Apr | Steel News

Ferrexpo records best quarterly performance since invasion of Ukraine

24 Apr | Steel News

Major steel and raw material futures prices in China – Apr 24, 2024 

24 Apr | Longs and Billet

Brazilian high-grade iron ore price declines week-on-week

23 Apr | Scrap & Raw Materials