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business1 year ago

"Brazilian Court Orders Mining Giants to Pay $9.7 Billion for Dam Disaster"

BHP and Vale have been ordered to pay $9.7 billion in a legal settlement over the 2015 Brazilian dam collapse, which resulted in one of the country's worst environmental disasters. The collapse released a wave of mining waste that killed 19 people and polluted hundreds of miles of rivers. The settlement is one of the largest ever in Brazil and is intended to compensate for social, environmental, and economic damage.