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Samarco

A Brazilian iron ore mining and processing company jointly owned by Vale and BHP.

Last updated August 26, 2026

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Overview

Samarco Mineração S.A. is a Brazilian iron ore mining and processing company established in 1977. The business operates as a 50:50 joint venture between Brazilian mining group Vale and Australian mining company BHP. Its operating structure has included mining and mineral-processing facilities in Minas Gerais, offices in Belo Horizonte, and logistics infrastructure extending toward Espírito Santo, including the Ponta Ubu industrial and port area in Anchieta. Samarco's core activity is the production of iron ore and processed iron-bearing materials for the steel industry. The company has historically integrated several stages of the value chain: extracting ore, processing it to improve its quality, moving the processed material through dedicated pipelines, and preparing it for export. This configuration links inland mining operations in Minas Gerais with coastal facilities in Espírito Santo and gives the company a logistics model distinct from a standalone mine or trading brand. The defining event in Samarco's public history was the failure of two tailings dams near Mariana, Minas Gerais, on 5 November 2015. The collapse released mining waste and contaminated water into the surrounding landscape and the Rio Doce river system. Nineteen people died in Bento Rodrigues and nearby areas, while communities dependent on the river experienced disruption to water services and other environmental and social consequences. The disaster was widely described as the largest environmental accident in the history of Minas Gerais. Following the collapse, Brazilian authorities suspended Samarco's operations. The company subsequently became the subject of extensive environmental, civil, regulatory, and political scrutiny. In June 2016, Brazil's environmental agency IBAMA reported that Samarco had not completed any of eleven required emergency measures: four were assessed as partially implemented and seven as unfulfilled. IBAMA also criticized the company's documentation for treating affected areas in isolation rather than presenting an integrated emergency plan covering the route from the disaster site to the Risoleta Neves hydroelectric plant. Samarco's identity therefore combines the profile of a specialized iron ore producer with the continuing legal, environmental, and reputational consequences of the Mariana disaster. Its ownership by Vale and BHP has made the company part of broader debates about accountability in large-scale mining, tailings-dam safety, environmental remediation, community protection, and the governance of joint ventures. Public information supplied for this entry does not establish a detailed current management roster, a current corporate website, or independently verified financial figures.

History

Samarco was founded in Brazil in 1977 as an iron ore mining and processing business. Its operating model developed around the integration of inland mineral resources in Minas Gerais with processing, pipeline transport, and coastal export facilities in Espírito Santo. Belo Horizonte serves as the company's headquarters location, while mining and related facilities have been associated with Mariana and Ouro Preto in Minas Gerais and with Anchieta in Espírito Santo, where the Ponta Ubu unit is located. The company is structured as a joint venture between Vale and BHP, with each parent holding half of Samarco. This ownership arrangement placed Samarco within the portfolios of two major international mining groups while leaving Samarco as a distinct operating company focused on iron ore. Its principal products are iron ore and processed forms used by steelmakers, supported by an infrastructure chain that moves material from mine sites to the coast. The central turning point in Samarco's history occurred on 5 November 2015, when two tailings dams owned by the company failed near Mariana. Tailings are the residual materials generated during mineral processing, and the collapse released a large volume of mud and contaminated water. The disaster killed 19 people in Bento Rodrigues and nearby areas and carried waste into rivers connected to the Rio Doce. The contamination disrupted water services in several cities that relied on the river and caused extensive environmental and community damage. It became known as the Mariana disaster and was characterized in reference material as the largest environmental accident in Minas Gerais. The collapse led Brazilian authorities to suspend Samarco's activities. The company and its parent groups then faced scrutiny concerning dam safety, emergency preparedness, environmental response, compensation, remediation, and institutional accountability. In June 2016, the environmental regulator IBAMA said Samarco had failed to complete any of eleven mandatory emergency actions. Four measures were partially completed and seven had not been carried out. IBAMA further stated that the documentation submitted by Samarco dealt with isolated locations without integrating them into a single response plan, and that the company had not presented strategic scheduling for emergency operations along the affected route toward the Risoleta Neves hydroelectric plant. The post-disaster period also generated political scrutiny. Reference material reported that Samarco and Vale had participated in financing political campaigns in Brazil, with contributions reaching R$80 million in the 2014 general elections. The significance of those contributions was debated because politicians who received campaign support were also involved in investigating the disaster or determining the level of penalties. This issue added a governance and public-trust dimension to the environmental controversy. Samarco's historical profile consequently has two closely connected parts. The first is its industrial role as an integrated Brazilian iron ore producer using mines, processing facilities, pipelines, and a port-linked export system. The second is the continuing legacy of the Mariana dam collapse, which reshaped the company's regulatory environment and public reputation. The available reference material does not provide a sufficiently detailed account of individual executives, financial performance, later ownership changes, or the full sequence of remediation and operational decisions; those areas require additional verification before being expanded.

  • 2016

    IBAMA reports outstanding emergency actions

    [1]

    IBAMA reports that four of eleven required emergency measures are only partially complete and seven remain unfulfilled.

  • 2015

    Mariana tailings-dam disaster

    [1]

    Two Samarco tailings dams fail near Mariana on 5 November, killing 19 people and sending mining waste into the Rio Doce river system.

  • 2015

    Operations suspended

    [1]

    Brazilian authorities suspend Samarco's activities following the dam collapse and its consequences.

  • 1977

    Samarco is founded

    [1]

    Samarco is established as a Brazilian iron ore mining and processing company.

Products and positioning

An integrated Brazilian iron ore producer whose value proposition is based on connecting inland extraction and processing operations with pipeline transport and coastal export infrastructure.

  • Mining commodity

    Iron ore

    Iron ore is Samarco's core mining commodity. The company extracts ore in Minas Gerais and processes it before moving the material through its integrated logistics network for delivery to export facilities and steel-industry customers.

  • Processed iron ore

    Iron ore pellets

    Pellets are processed iron-bearing units designed for use in steelmaking. Samarco's historical business model has included mineral processing and pellet production as part of the chain linking its mines to coastal export infrastructure.

Controversies

  • 2016

    Failure to complete emergency measures

    IBAMA stated that Samarco had not completed any of eleven mandatory emergency actions and criticized the lack of an integrated response plan.

  • 2015

    Mariana tailings-dam collapse

    The failure of two Samarco tailings dams near Mariana killed 19 people and released mining waste into the Rio Doce basin, causing severe environmental and social damage.

  • 2015

    Political campaign-financing scrutiny

    Reported campaign contributions involving Samarco and Vale drew scrutiny because politicians who received support were also connected with inquiries into the disaster and related penalties.

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Brand decisions

  • 2015

    Government suspension of Samarco activitiesOther

    Background

    The suspension followed the Mariana tailings-dam collapse, which caused deaths, river contamination, and disruption to communities dependent on the Rio Doce.

    Action taken

    Brazilian authorities suspended Samarco's operations after the disaster.

    Aftermath

    The suspension marked a major interruption to Samarco's operating history and was followed by continuing regulatory and environmental scrutiny.

Sources1 sources

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