Samarco - Vale and BHP's iron ore pellet joint venture - is likely to restart its operations in Brazil's southeastern Minas Gerais state in the second half of 2020.
The restart will take place in "either the third or fourth quarter" of next year, according to Chris Barrington, the chief advisor to the International Iron Metallics Association (IIMA).He disclosed this in his presentation, The Global HBI/DRI Market: Outlook for DR-grade Pellet Supply, at Fastmarkets' 7th World DRI & Pellet Congress in Dubai on Tuesday June 18.He also provided forecast scenarios for several other...