• 200ktpa Kurnool beneficiation plant and iron ore projects in India, sales commenced • Product under offtake agreement with BMM Ispat, spot sales of NSL specialised product PHASE 2 - Modelled cumulative Net cashflow (EBITDA) of $69M per annum1 • 200ktpa Kurnool wet beneficiation plant expansion targeted for completion second half 2016
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On 25 January 2019 it happened again Just three years and two months after Samarco’s tailings dam failed, the world’s largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil Administrative buildings and infrastructure were destroyed as 117 million m3 of mining waste from ore processing, also known as tailings, flooded the site
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