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BHP, Vale approve $3.18B Samarco expansion

FORMAL approval has been given to a $US3.5 billion ($A3.18 billion) expansion of the world-class Samarco iron ore mine in Brazil by partners BHP Billiton and Vale that will lift rates to 30.5 million tonnes per annum.

MiningNews.Net
BHP, Vale approve $3.18B Samarco expansion

The investment, which will involve construction of a fourth pellet plant that will lift capacity by 8.3Mtpa, of which BHP’s share is $1.75 billion, also includes establishment of a third concentrator at...

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