A federal judge in Brazil has ordered mining giants BHP, Vale and their Samarco iron ore joint venture to pay 47.6bn reais ($9.67bn) in damages over a deadly dam burst in 2015.
The collapse of the Fundão dam in the south-east of the country caused a giant mudslide that killed 19 people.
It also severely polluted the Rio Doce River, compromising the waterway to its outlet in the Atlantic Ocean.
It also severely polluted the Rio Doce River, compromising the waterway to its outlet in the Atlantic Ocean.
Judge Vinicius Cobucci said the money would be put in a state fund and used for projects and initiatives in the area affected by the dam collapse.
The ruling came in response to a civil action brought by state and federal public prosecutors.
Vale told the BBC that it had not been informed about the ruling.
The company also said that as of December last year, the Renova Foundation, which the firms have been using to make compensation payments, has so far paid out 34.7bn reais.
BHP and Samarco did not immediately respond to requests for comment from the BBC.
A federal judge in Brazil has ordered mining giants BHP, Vale and their Samarco iron ore joint venture to pay 47.6bn reais ($9.67bn) in damages over a deadly dam burst in 2015.
It also severely polluted the Rio Doce River, compromising the waterway to its outlet in the Atlantic Ocean.
The collapse of the Fundão dam in the south-east of the country caused a giant mudslide that killed 19 people.
Judge Vinicius Cobucci said the money would be put in a state fund and used for projects and initiatives in the area affected by the dam collapse.
It also severely polluted the Rio Doce River, compromising the waterway to its outlet in the Atlantic Ocean.
It also severely polluted the Rio Doce River, compromising the waterway to its outlet in the Atlantic Ocean.
Judge Vinicius Cobucci said the money would be put in a state fund and used for projects and initiatives in the area affected by the dam collapse.
The ruling came in response to a civil action brought by state and federal public prosecutors.
Vale told the BBC that it had not been informed about the ruling.
The company also said that as of December last year, the Renova Foundation, which the firms have been using to make compensation payments, has so far paid out 34.7bn reais.
BHP and Samarco did not immediately respond to requests for comment from the BBC.
#Mining #giants #told #pay #9.7bn #Brazil #dam #disaster
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))