"... The settlement ... is the largest of its kind globally, according to Brazil’s attorney general. ...
The deal comes about three years after Vale struck a 38 billion reais settlement with Brazilian authorities for another tailings dam collapse near Brumadinho city, in Minas Gerais state, in 2019. That disaster killed 270 people and led to production cutbacks that stripped Vale of its ranking as world’s biggest iron ore producer. At the time, it was the largest reparation agreement ever signed in Latin America. ..." (Source)
"Size of the settlement BHP Group and Vale signed with Brazilian authorities over the disastrous 2015 collapse of a mine-waste dam that killed 19 people and polluted more than 400 miles of rivers. The settlement is the result of years of litigation that revealed a series of management missteps and failed oversight, according to prosecutors. BHP’s legal chief called the dam collapse a tragedy."
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