Report summarySamarco is 50:50 Brazilian joint venture between Vale and BHP Billiton. The company runs a fully integrated iron ore mining,concentration, transport and pelletising operation. Pellets are shipped to export markets from the company's port facility at Ponta Ibu, in the Espirito Santo. On 5 November 2015, two of Samarco's tailings dams ruptured causing extensive flooding and mudslides, resulting in an unconfirmed number of fatalities and missing people. The affected dams were Fundão and Santarem, located at Samarco's Germamo complex in the district of Mariana (MG). All operations at the Germano unit were suspended and, at the time of writing, the authorities still haven't been able to provide details of the cause of the breach. We have assumed Samarco will resume operations in 2017.
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- Samarco iron ore mine PDF - 544.63 KB 9 Pages, 10 Tables, 3 Figures
- Samarco.xls XLS - 235.50 KB