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BHP, Vale back Samarco

BHP Billiton has approved funding of $US181 million for the ongoing remediation and compensation programs around the Samarco operation in Brazil.

MiningNews.Net
BHP, Vale back Samarco

The amount will be offset against BHP’s June 30 provision of $1.2 billion for ongoing recovery work following November 2015’s dam collapse. Vale will provide the same amount as joint owner. A short-term...

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