Miner Samarco Mineracao to halt output after Brazil dam burst

Samarco Mineracao S.A., a mining joint venture between miners BHP Billiton Ltd. and Vale S.A., will halt output of iron-ore pellets for blast furnaces following a dam burst at its Germano mine in Brazil's Minas Gerais state, reported Bloomberg.

Samarco said that it will suspend production and shipments of pellets at its Ubu unit in Espirito Santo state when existing stockpiles are used up.

Activities at its Germano mine have been suspended already.

Prosecutors said that they are looking to request the suspension of Samarco's operating licenses.

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