Brazil's Vale to pay $7 bn in damages for deadly 2019 dam collapse

Brasilia (AFP) Feb 4, 2021

Brazilian mining giant Vale said Thursday it had agreed to pay $7 billion in damages over the 2019 collapse of a mining waste dam that unleashed a flood of toxic sludge and killed 270 people. It is the largest ever damages agreement in Latin America, according to the government of Minas Gerais, the southeastern state where the disaster sent millions of tons of iron-ore mining waste gushing o