Glencore expands worldwide satellite monitoring of tailings dams

Altamira Gold

15/12/2020 13:41

Dec 15 (Reuters) - Commodities trader Glencore  GLEN.L  said
on Tuesday it had entered into an agreement with satellite-based
services provider Tre-Altamira to expand monitoring to over 110
of its dams worldwide, focused on its waste-disposal tailings
storage. 
    The London-listed company said the satellite monitoring
would provide measurement of surface movements every 11 days and
ensure continuous provision of information.
    Mining companies have faced global scrutiny of storing
billions of tonnes of waste in tailings dams, some of which
tower dozens of meters high and stretch for several kilometers,
following the collapse of Vale SA's  VALE3.SA  Brumadinho
upstream tailings dam in 2019 that killed more than 250 people. 
    Financial terms of the deal were not disclosed.   

 (Reporting by Priyanshi Mandhan in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606))