Samarco has completed 2 years of the safe and sustainable resumption of its operations. Currently operating at 26% capacity, our joint venture in Brazil has achieved positive results since December 2020, with more than 15.5 million tons of platoons produced and shipped 149 times by the port of Ubu for the domestic and foreign markets. The company invested more than BRL 1.1 billion in 2022 to sustain operations, continue the decharacterization works of the Germano dam and cava, among others. For 2023, the company plans to produce between 8 and 9 million tons (+10%) with investments of R$ 1.6 billion, of which R$ 721 million for the decharacterization works, in an advanced stage. The total resumption of production capacity is expected to occur gradually and safely by 2028.
Samarco has completed 2 years of the safe and sustainable resumption of its operations. Currently operating at 26% capacity, our joint venture in Brazil has achieved positive results since December 2020, with more than 15.5 million tons of platoons produced and shipped 149 times by the port of Ubu for the domestic and foreign markets. The company invested more than BRL 1.1 billion in 2022 to sustain operations, continue the decharacterization works of the Germano dam and cava, among others. For 2023, the company plans to produce between 8 and 9 million tons (+10%) with investments of R$ 1.6 billion, of which R$ 721 million for the decharacterization works, in an advanced stage. The total resumption of production capacity is expected to occur gradually and safely by 2028.
