Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say

by Aurelia Butler 6 September 2024, 19:10 169 Views

Three of the sources expect a final agreement to be reached in October.

The amount is more than the 82 billion reais in new resources offered in the companies’ last proposal in June to compensate for the 2015 disaster, which caused a wave of toxic tailings that killed 19 people, left hundreds homeless, flooded forests and polluted a river.

($1 = 5.5955 reais)

Source: Economy - investing.com

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Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say

Ukraine forex reserves rise to $42.3 billion as of Sept 1

For the Fed, a Sign That the Job Market Is Cooling but Not Cracking

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