Iron ore miner Samarco, a joint venture between BHP Billiton and Vale , expects to restart production by the start of the fourth quarter, less than a year after a burst tailings dam killed 19 people in Brazil..
CEO Roberto Carvalho told Reuters on Thursday that iron ore pellet production for the initial two to three years would likely be at a reduced 19 million tonnes annually, as the firm develops a new and long-term solution to storing the mining waste known as tailings.
Last month, Brazilian police charged six of Samaraco's top executives and one contractor with "qualified homicide,” the equivalent to involuntary manslaughter, over the deaths of those killed as a consequence of the dam burst.
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