Edition:
United Kingdom

BHP Updates On Samarco Debt Negotiations


Monday, 28 Jan 2019 

Jan 29 (Reuters) - Bhp Group Ltd ::SAMARCO DEBT NEGOTIATIONS UPDATE-BHP.AX.PARTIES HAVE NOT REACHED AGREEMENT ON RESTRUCTURING OF SAMARCO'S UNSECURED FINANCIAL OBLIGATIONS.RESTART OF SAMARCO'S OPERATIONS WILL OCCUR ONLY IF IT IS SAFE, ECONOMICALLY VIABLE AND HAS SUPPORT OF COMMUNITY.RESUMING OPERATIONS REQUIRES GRANTING OF LICENCES BY STATE AND FEDERAL AUTHORITIES AND COMMUNITY HEARINGS, AMONG OTHER REQUIREMENTS.