VALE Vale SA

RIO DE JANEIRO--Brazilian mining giant Vale SA (VALE) on Tuesday said it hopes to restart in mid-2017 operations at Samarco Mineracao SA, a joint venture that has been shut down since a major accident last year.

Vale and its partner in the venture, Australia's BHP Billiton Ltd. (BHP), had disagreed in recent months over how to proceed with the restart. At the company's annual investor day on Tuesday, however, Vale General Counsel Clovis Torres said the dispute was ironed out at a meeting last week.

Write to Paul Kiernan at paul.kiernan@wsj.com

(END) Dow Jones Newswires

November 29, 2016 12:35 ET (17:35 GMT)

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