Brazil Prosecutors Target Final Samarco Dam Settlement This Year
- Value to be paid by miners will be based in technical studies
- Lawsuit suspended during renegotiation period, prosecutor says
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A final settlement between Brazilian authorities and the Samarco iron-ore venture can be reached this year, bringing legal certainty to owners Vale SA and BHP Group six years after a devastating tailings dam collapse.
That’s according to federal prosecutor Carlos Bruno Ferreira da Silva, who said in an interview that the final reparation value is yet to be defined and will be based on independent technical studies.