Reported about 1 month ago
BHP Group and Vale SA have finalized a historic 170 billion-real ($29.8 billion) settlement with Brazil concerning the 2015 Mariana dam disaster, which led to 19 fatalities and extensive environmental damage. The agreement, which was signed in Brasilia and includes compensation to various Brazilian authorities and communities, aims to resolve ongoing legal disputes and represents a significant win for President Lula's administration. Although the companies have reached this settlement, BHP still faces a class-action lawsuit in the UK related to the same tragedy, involving up to 620,000 claimants.
Source: YAHOO