Court orders mining giant Vale to cover up dam accident costs

Court orders mining giant Vale to cover up dam accident costs

Brazilian state Judge Elton Pupo Nogueira ordered mining giant Vale ordered to pay for damaged caused by a dam collapse that killed by hundreds. January 25 saw one of the country’s worst industrial accidents in the southeastern state of Minas Gerais. The amount of damage is not identified but until Vale pays up its 11 billion reais (US$2.89 billion) worth of assets will be frozen.

Tom A
Tom A
Andrew 1010
Andrew 1010 8 months

Seems like a reasonable justification.

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