BHP News: UPDATE 1-Brazil miner Samarco faces crunch creditor vote in March as standoff looms - 24th Feb 2022, 4:35am

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(Adds rescheduling of Wednesday assembly due to lack of quorum)

By Tatiana Bautzer and Marta Nogueira

SAO PAULO/RIO DE JANEIRO, Feb 23 (Reuters) - Samarco Mineracao faces a possible creditor standoff at a meeting which has been scheduled for March 10 to vote on debt restructuring proposals which would allow the Brazilian iron ore miner to exit bankruptcy protection.

Creditors of the iron ore joint venture between Vale SA and BHP Group were expected to vote on Wednesday on the latest proposals...

>>> Read more: UPDATE 1-Brazil miner Samarco faces crunch creditor vote in March as standoff looms
 
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