US EditionBrazil 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 …
Associated Press News+25 Reposted by 25 other sources
Brazil reaches a $23 billion settlement with mining firms over a 2015 environmental disaster
Brazil’s President signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse.
·United States
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Leaning Left11Leaning Right3Center7Last UpdatedBias Distribution52% Left
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