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18 Apr
07:42

Samarco’s March quarter output slides sequentially

Brazilian iron ore miner and pellet producer Samarco saw production and sales fall sequentially in its third financial quarter ending 31 March. Performance, however, remained strong on-year supported by higher concentrator throughput, Kallanish notes. Samarco produced 1.17 million tonnes (wet basis) in the last three-month period, down 10% on-quarter but 12% higher y-o-y, shareholder BHP says in its latest performance report. The Australian miner co-owns the Samar…
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