Asset Report

Samarco iron ore mine

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23 January 2019

Samarco iron ore mine

Report summary

Samarco is a 50/50 Brazilian joint venture between Vale and BHP. The company runs a fully integrated iron ore mining, concentration, transport and pelletising operation. Pellets are shipped to the seaborne export market from the company's port facility at Ponta Ubu in Espírito Santo state. On 5 November 2015, two of Samarco's tailings dams ruptured causing extensive flooding and mudslides which culminated in the death of 19 people. Since then, operations at Samarco have been halted. We expect the project to resume operations in 2021, with its ultimate capacity rate to be reached by 2024. This is dependent upon the project receiving a Corrective Operation Licence (LOC) which will reinstate all its lost environmental licences.

Table of contents

  • Summary
  • Key issues

Tables and charts

This report includes 12 images and tables including:

  • Detailed map
  • Participation
  • Marketable reserves (01/01/2019)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Samarco.xls

    XLS 224.50 KB

  • Document

    Samarco iron ore mine

    PDF 1.26 MB

  • Document

    Samarco iron ore mine

    ZIP 1.30 MB

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