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BHP GROUP PLC - Samarco Update

Release Date: 24/12/2020 07:05
Code(s): BHP     PDF:  
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Samarco Update

BHP Group Plc
Registration number 3196209
Registered in England and Wales
Share code: BHP

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:

Sponsor: UBS South Africa (Pty) Limited

Authorised for lodgement by:
Geof Stapledon
Acting Group Company Secretary

Media Relations                                   Investor Relations

Email:                    Email:

Australia and Asia                                Australia and Asia

Gabrielle Notley                                  Tara Dines
Tel: +61 3 9609 3830 Mobile: +61 411 071 715      Tel: +61 3 9609 2222 Mobile: + 61 499 249 005

Europe, Middle East and Africa                    Europe, Middle East and Africa

Neil Burrows                                     James Bell
Tel: +44 20 7802 7484 Mobile: +44 7786 661 683    Tel: +44 20 7802 7144 Mobile: +44 7961 636 432

Americas                                         Americas

Judy Dane                                         Brian Massey
Tel: +1 713 961 8283 Mobile: +1 713 299 5342      Tel: +1 713 296 7919 Mobile: +1 832 870 7677

BHP Group Limited ABN 49 004 028 077              BHP Group plc Registration number 3196209
LEI WZE1WSENV6JSZFK0JC28                          LEI 549300C116EOWV835768
Registered in Australia                           Registered in England and Wales
Registered Office: Level 18, 171 Collins Street   Registered Office: Nova South, 160 Victoria Street
Melbourne Victoria 3000 Australia                 London SW1E 5LB United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015          Tel +44 20 7802 4000 Fax +44 20 7802 4111

Members of the BHP Group which is
headquartered in Australia

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Date: 24-12-2020 07:05:00
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