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26 Jan
14:15

Samarco improves performance in December quarter

Brazilian iron ore miner and pellet producer Samarco saw production rise sequentially in the second financial quarter ending 31 December. Output was also higher year-on-year, supported by higher concentrator throughput, Kallanish notes. Samarco produced 2.6 million tonnes (wet basis) in the last three-month period, up 5.8% on-quarter and 18.9% higher y-o-y, shareholder BHP says in its latest performance report. The Australian miner co-owns the Samarco joint ventur…
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