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Vale Sets Samarco Dam Bill Estimate At $30B, BHP Faces UK's High Court
Brazillian mining company Vale (NYSE:VALE) has estimated the fines and compensation costs related to the 2015 Samarco dam collapse at $30 billion.
After years of negotiations between the Brazilian federal and state governments and Vale, BHP (NYSE:BHP), and Samarco Mineração joint venture, the resolution for one of the worst environmental disasters in Brazil's history is approaching.
The settlement under discussion wo...
>>> Read more: Vale Sets Samarco Dam Bill Estimate At $30B, BHP Faces UK's High Court
Brazillian mining company Vale (NYSE:VALE) has estimated the fines and compensation costs related to the 2015 Samarco dam collapse at $30 billion.
After years of negotiations between the Brazilian federal and state governments and Vale, BHP (NYSE:BHP), and Samarco Mineração joint venture, the resolution for one of the worst environmental disasters in Brazil's history is approaching.
The settlement under discussion wo...
>>> Read more: Vale Sets Samarco Dam Bill Estimate At $30B, BHP Faces UK's High Court
