BHP Billiton and Vale proposed to pay Brazil approximately US$25.7 billion as compensation for the tailings dam collapse disaster caused by two joint ventures in 2015. Currently, the two companies are restarting negotiations with the Brazilian authorities that broke down last year. The Brazilian side has been demanding 155 billion reais (about 43 billion US dollars) in compensation. Brazil's Attorney General's Office is analyzing the proposal and is expected to submit a joint statement with the two affected states to the court mediating the negotiations before Friday. (Global Market Report)
必和必拓和淡水河谷提出就巴西矿难赔偿257亿美元
BHP Billiton and Vale propose US$25.7 billion in compensation for Brazilian mine disaster
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.