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BHP and Vale Finalize $30 Billion Settlement in Landmark Brazil Dam Disaster Case

BHP and Vale Finalize $30 Billion Settlement in Landmark Brazil Dam Disaster Case
7 months ago

In a significant development in the aftermath of one of Brazil's worst environmental disasters, mining giants BHP and Vale have reached a monumental $30 billion agreement. This settlement resolves claims stemming from the catastrophic collapse of the Mariana dam in Minas Gerais, which occurred in November 2015 and led to the tragic loss of 19 lives, extensive environmental devastation, and severe disruptions to local communities.

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