VALE Forex News

Vale, Samarco, BHP Submit R$127 Bln Settlement Proposal To TRF Related To Failure Of Fundao Dam

Vale, Samarco, BHP Submit R$127 Bln Settlement Proposal To TRF Related To Failure Of Fundao Dam

Vale S.A. (VALE) revealed on Monday that Vale, Samarco Mineracao S.A. and BHP Billiton Brasil Ltda. have submitted a non-binding, indicative settlement proposal totalling R$127 billion to the Brazilian Federal Court of Appeals of the Sixth Region (TRF) for the settlement of claims by government agencies relating to the failure of the Fundao Dam in Mariana, Minas Gerais, Brazil.
RTTNews | 37 days ago
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