Close Menu
orrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
What's Hot

Hakeem Jeffries Is the Kind of Democrat Voters Have Lost Faith In

September 16, 2025

Pushback Over Trump’s DC Military Takeover

September 16, 2025

Emmanuel Macron Is on His Last Legs

September 16, 2025
Facebook X (Twitter) Instagram
orrao.comorrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Subscribe
orrao.com
Home»World»Mining giants sign $30bn settlement for Brazil 2015 dam collapse
World

Mining giants sign $30bn settlement for Brazil 2015 dam collapse

October 25, 2024No Comments1 Min Read
Share
Facebook Twitter LinkedIn Pinterest Email


President Lula said: “I hope the mining companies have learned their lesson; it would have cost them less to prevent the disaster.”

The dam was owned by Samarco, a joint venture between Vale and BHP.

After the disaster, the companies created a fund to pay compensation to people, which has already carried out billions of dollars in repairs. This involved building a new city to replace one of the cities that had been destroyed.

However, many people in the community still claimed they had not received justice or enough to rebuild their lives after nine years.

In addition to those lawsuits in Brazil, more than 620,000 people sued BHP in the UK, where BHP was headquartered at the time, in proceedings that began earlier this week.

They are seeking about $47 billion in damages in the civil suit. The first stage will determine whether BHP – as the parent company – was liable. About 70,000 claimants are also taking Vale to court in the Netherlands.

Both companies deny liability and say the foreign lawsuit is “unnecessary” and duplicates the lawsuit in Brazil.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleStock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
Next Article Redacted Trump campaign-Arlington cemetery incident report suggests probe ongoing
Admin
  • Website

Related Posts

World

Bukavu in DR Congo falls to Rwandan-backed M23 rebels

February 16, 2025
World

Panda-stic! Twin cubs attract hundreds of visitors on debut

February 16, 2025
World

Dozens including women killed in collapse

February 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Latest News
Entertainment

Comedian Na’im Lynn Says It’s ‘Inappropriate’ to Give Friends Gifts, Cards

December 22, 2024
World

Botswana election: President Masisi’s BDP wants five more years in power

October 27, 2024
Sports

Football Fixtures | Sky Sports

November 6, 2024
Entertainment

Jennifer Lopez Performs Her Song ‘All I Have’ at Park City Party

January 26, 2025
Science

Walking Shouldn’t Be So Dangerous in the U.S.

March 21, 2025
Science

The best science fiction TV shows of 2024, from Supacell to Fallout

December 7, 2024
Categories
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Most Popular

Why DeepSeek’s AI Model Just Became the Top-Rated App in the U.S.

January 28, 202550 Views

Why Time ‘Slows’ When You’re in Danger

January 8, 202515 Views

Top Scholar Says Evidence for Special Education Inclusion is ‘Fundamentally Flawed’

January 13, 202511 Views

Russia Beefs Up Forces Near Finland’s Border

May 19, 20258 Views

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every month.

Check your inbox or spam folder to confirm your subscription.

  • Home
  • About us
  • Get In Touch
  • Privacy Policy
  • Terms & Conditions
© 2025 All Rights Reserved - Orrao.com

Type above and press Enter to search. Press Esc to cancel.