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BHP & Vale $1.4 Billion Settlement in UK Lawsuit Over Brazil Dam Disaster
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BHP & Vale $1.4 Billion Settlement in UK Lawsuit Over Brazil Dam Disaster
BHP and Vale have reached a proposed $1.4 billion settlement in a UK lawsuit linked to the 2019 dam disaster in Brazil, the Financial Times reported on Thursday. The agreement aims to resolve claims brought by investors who allege the mining giants failed to adequately disclose risks related to the catastrophic collapse, which killed more than 270 people and caused widespread environmental damage. This development marks a significant step toward…
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