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Vale, BHP propose $25bn settlement for Mariana disaster reparations

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REPARATION
Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam burst, which killed 19 people and left hundreds homeless. The proposal, the Brazilian mining giant said in a securities filing on Monday, foresees a total payment of 127-billion reais ($24.88-billion), including 37-billion reais already disbursed.
 
 
 
 
 

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