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Samarco restart a step closer

Cecilia Jamasmie | December 21, 2016 | 8:03 am Top Companies Australia Europe Latin America Iron Ore 

Vale (NYSE:VALE) and BHP Billiton (ASX:BHP) have signed a non-binding agreement to allow their joint venture Samarco use the Brazilian miner’s Timbopeba pit to deposit tailings when it resumes operations. Under the deal, which will become definitive pending commercial negotiations...

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