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BHP cuts full-year iron forecast after deadly Brazil spill

Samarco, jointly owned by Vale SA, has been halted since a dam failure that Brazil's government described as the country's worst environmental disaster.


BHP Billiton Ltd, the world's biggest mining company, trimmed its full-year iron ore forecast after its Brazil joint venture was halted following a dam breach in November that killed at least 17 people. The shares fell to the lowest level in 11 years in Sydney trading.