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Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

Staff Writer | January 25, 2024 | 12:01 pm Top Companies Latin America Iron Ore 

A Brazilian judge has sentenced Vale (NYSE: VALE) and BHP (ASX: BHP) and their joint venture Samarco to pay 47.6 billion reais ($9.67 billion) in damage repairs over a burst tailings dam in 2015, according to a legal decision on Thursday seen by...

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