Thursday, February 4, 2021
Vale reaches $7bn settlement over deadly dam collapse in Brazil | Business and Economy News
Vale SA agreed to pay $7.03bn in a settlement with Brazilian authorities for the Brumadinho dam collapse two years ago that killed 270 people. Vale SA reached a settlement agreement with Brazilian authorities for a dam collapse that killed 270 people and led to production cutbacks that stripped the company of the title of world’s biggest iron ore producer. Its shares rose. The deal comes 
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