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BHP, Vale throw cash lifeline to their halted Samarco iron ore mine

Cecilia Jamasmie | November 25, 2016 | 6:55 am Top Companies Australia Europe Latin America Iron Ore 

BHP Billiton (ASX:BHP) has approved a $181 million loan for its disaster-struck Samarco iron ore joint venture in Brazil, which will help fund remediation and compensation programs while the mine works towards a restart. New loans come as Samarco assesses...

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