Samarco
We hold a 50% interest in Samarco, a non-operated joint venture in Brazil. The company employs around 11,000 people directly and indirectly and produces iron ore pellets through its operating units in Minas Gerais and Espírito Santo states.
Samarco has its own integrated logistics, which includes mines, concentrators and pelletizing plants for the processing of iron ore, with pipelines that connect the two operating units and a port terminal for the export of production.
Samarco at a glance
A new filtration system was implemented to enable the company to operate without the use of dams, with 80% of the generated tailings being dry stacked and the rest deposited in a confined rocky pit. In addition, the Germano dam and pit, which have been deactivated since 2015, are going through a decommissioning process, in line with new Brazilian legislation.
Renova Foundation
The Foundation was established to implement a set of remediation and compensation programs to address the impacts caused by Samarco’s Fundão Dam failure.
Our team in Brazil has always been and remains absolutely committed to doing what is right, supporting the work of Renova to ensure full and fair reparation to the impacted people and the environment.
Reparation actions
The 42 programs run by the Renova Foundation are divided into three thematic axes: people and community; land and water; and reconstruction and infrastructure. The preparation and execution of the programs are based on the involvement of communities at all stages, and rely on constant monitoring and independent external audits to transparently validate each program’s progress.
Discover a new Samarco
The company resumed operations differently, using new technologies.
A new filtration system allows for the dry stacking of 80% of the generated tailings and the rest is deposited in a confined pit. Visit the website to find out more about Samarco's restart.