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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bhp Billiton Ltd | LSE:0HN3 | London | Ordinary Share | BHP BILLITON ADR REPTG 2 ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 51.49 | 1,657 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 54.19B | 12.92B | 2.5524 | 16.62 | 214.69B |
TIDMBHP
RNS Number : 7535J
BHP Group PLC
23 December 2020
NEWS RELEASE
Release Time IMMEDIATE Date 24 December 2020 Release Number 27/20
Samarco Update
Samarco Mineração S.A. (Samarco) has met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex in Espírito Santo, Brazil, and has commenced iron ore pellet production.
Samarco's operations were suspended following the failure of the Fundão dam on 5 November 2015.
Samarco's gradual restart of operations incorporates concentrator 3 at the Germano complex and pelletising plant 4 at Ubu, as well as a new system of tailings disposal combining a confined pit and tailings filtering system for dry stacking.
Independent tests have been carried out on Samarco's preparations for a safe restart of operations. Samarco expects initially to produce approximately eight million tonnes of iron ore pellets per annum.
The extensive work undertaken by the Renova Foundation (Renova) to remediate and compensate for the damages of the failure of the Fundão dam in 2015 continues, and BHP Billiton Brasil Ltda. continues to support Renova in its work. By November 2020, Renova had spent approximately BRL 10.7 billion (approximately US$2.1 billion) on its remediation and compensation programs. By November 2020, approximately BRL 3.1 billion (approximately US$620 million) had been paid in indemnities and emergency financial aid to approximately 325,000 people.
BHP Billiton Brasil Ltda. and Vale S.A. each hold a 50 per cent interest in Samarco.
Further information on BHP can be found at: bhp.com
Authorised for lodgement by: Geof Stapledon Acting Group Company Secretary Media Relations Investor Relations Email: media.relations@bhp.com Email: investor.relations@bhp.com Australia and Asia Australia and Asia Gabrielle Notley Tara Dines Tel: +61 3 9609 3830 Mobile: Tel: +61 3 9609 2222 Mobile: +61 411 071 715 + 61 499 249 005 Europe, Middle East and Africa Europe, Middle East and Africa Neil Burrows James Bell Tel: +44 20 7802 7484 Mobile: Tel: +44 20 7802 7144 Mobile: +44 7786 661 683 +44 7961 636 432 Americas Americas Judy Dane Brian Massey Tel: +1 713 961 8283 Mobile: Tel: +1 713 296 7919 Mobile: +1 713 299 5342 +1 832 870 7677 BHP Group Limited ABN 49 004 BHP Group plc Registration 028 077 number 3196209 LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768 Registered in Australia Registered in England and Wales Registered Office: Level 18, Registered Office: Nova South, 171 Collins Street 160 Victoria Street Melbourne Victoria 3000 Australia London SW1E 5LB United Kingdom Tel +61 1300 55 4757 Fax +61 Tel +44 20 7802 4000 Fax +44 3 9609 3015 20 7802 4111 Members of the BHP Group which is headquartered in Australia Follow us on social media
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(END) Dow Jones Newswires
December 24, 2020 02:00 ET (07:00 GMT)
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