Search results for "BHP Billiton"

Samarco restart a step closer

A restart of operations is crucial for Samarco to reduce its debt, pegged at $3.7bn. The venture, which has had no cashflow since the accident, even missed in September an interest payment on a $500 million bond. Last month, a Brazilian court ordered BHP and Vale to pay an initial $350 million to help clean up what is considered the country's worst environmental disaster.
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