Investors ask how Vale failed to stop repeat of dam disaster
“How can they let this happen again?” Melo said. “They wiped out our city.”
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Vale plunged as much as 20 percent in Sao Paulo on Monday, the biggest intraday drop since October 2008.
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Prior to this discovery, heating the alloy would result in cracks along the weld.
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In Germany’s plan to phase out coal, a big polluter will benefit
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Vale dam collapse: Panic after fresh alert at another mine in Brumadinho
An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of Vale's dam on Friday killed at least 58 and left over 400 more feared dead.
