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22 Dec
09:51

BHPB and Vale to support Samarco operations

Australia’s BHPB and Brazil’s Vale will support Samarco operations with short-term facilities during the first half of 2018. This was confirmed by the shareholders BHPB and Vale in notices on their respective websites, monitored by Kallanish. BHP and Vale have assumed a short-term facility of $48 million, each to support the ongoing repair works and restart plan, as well as to cover fees for expert support. Funds will be released on an…
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