Fundão disaster: BHP, Vale, and Samarco in landmark $32bn settlement

Fundão disaster: BHP, Vale, and Samarco in landmark $32bn settlement

In a landmark agreement, BHP, Vale, and their joint venture Samarco have reached a $32 billion settlement with Brazilian authorities to address the devastating impacts of the 2015 Fundão tailings dam collapse in Mariana, Brazil. This settlement covers compensation for environmental damage, public health crises, economic disruption, and property loss. The Fundão dam disaster, which […]