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BRIEF-BHP Billiton updates on Samarco incident

Published 30/11/2015, 09:50 am
BRIEF-BHP Billiton updates on Samarco incident
BHP
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BHPB
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Nov 30 (Reuters) - BHP Billiton (L:BLT) Ltd BHP.AX :

* Says samarco has advised that, at this stage, there are 13 fatalities and six people who remain unaccounted for

* Provides a further update following the breach of the fundão tailings dam and santarém water dam at the Samarco MineraçãO S.A

* Says clean-up work has commenced in the barra longa area, focusing on access roads, housing and bridge repairs

* "Relocation is expected to be completed in February 2016."

* Says monitoring of the remaining dam structures at samarco continues

* Says interim work to repair the damage to the dams and to reinforce parts of

the structure has commenced

* Says operations at Samarco remain suspended

* Says Samarco and local authorities continue to assess and monitor water

quality in the rio doce river system

* Says clean-up work has commenced in the barra longa area, focusing on access roads, housing and bridge repairs.

* Says alternative water supplies are being provided by samarco, working with local authorities

* Samarco reports that analysis by SGS Geosol confirmed that tailings are composed of materials that are not hazardous to human health

* Fundão and santarém dams is considered to be non-reactive and would be geochemically stable when introduced to the river system or ocean

* Brazilian federal government intend to commence legal proceedings against samarco, Vale and BHP Billiton for clean-up costs and damages

* Says tailings plume has reached the atlantic ocean and is dispersing

* Announcement indicates that the legal action will demand that the companies establish a fund of BRL 20 billion in aggregate for environmental recovery

and compensation"

* BHP Billiton has not received formal notice of the action at this stage"

* Brazilian federal government intend to commence legal proceedings against

samarco, Vale and BHP Billiton for clean-up costs and damages

* Source text for Eikon ID:nASX8T1Dy7

*

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