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Brazil reaches a $23 billion settlement with mining firms over a 2015 environmental disaster

Brazil has reached a $23 billion settlement with mining firms over the 2015 environmental disaster, one of the largest in history.
The settlement requires annual payments until 2043 to compensate affected communities and public authorities for the 43 million tons of mining waste released.
The agreement will fund various programs for economic recovery, infrastructure improvements, and environmental benefits in the affected areas.

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BHP reaches multibillion-dollar compensation deal with Brazil over 2015 dam collapse - Overpasses For America

Key Points BHP and Brazilian company Vale have reached a $45 billion settlement with Brazil over the 2015 Mariana dam collapse. The 2015 collapse at an iron ore mine killed 19 people, displaced hundreds, and caused flooding and pollution. BHP is contesting liability in a lawsuit worth up to $71 billion in London over its responsibility for the disaster. Australian multinational mining company BHP and Brazilian company Vale have reached a 170 …

5 months ago

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BHP reaches $45b settlement with Brazil over dam disaster

BHP has finalised a $45b settlement with Brazil over the 2015 Samarco dam disaster which killed 19 people.

5 months ago

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Brazil seals $23 billion from mining firms over dam collapse

The Brazilian government signed a compensation deal with BHP and Vale over the 2015 disaster, which caused multiple deaths and huge environmental damage.

5 months ago·Bonn, Germany

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