Samarco expects to reach 60% of output capacity by year-end

Brazilian miner Samarco expects to reach 60% of its output capacity by the end of 2024, bringing forward a previous timeline, as it continues to resume activities after halting operations due to a deadly 2015 tailings dam collapse.

The company said it had brought forward the timeline because it managed to start operations at a new pelletizing plant ahead of schedule. It had previously expected to achieve the target in 2025.