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Dam disaster deal should curb lawsuits against Vale and BHP, sources say

Oct 22, 2024

RIO DE JANEIRO/BRASILIA – An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South American country and possibly limit legal action abroad, three sources close to the matter said.

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