10,217.17 TRY BIST 100 BIST 100
32.31 USD USD USD
4.50 CNY CNY CNY
34.76 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.91 TRY Interest Interest
83.66 USD Fossil Oil Fossil Oil
27.11 USD Silver Silver
4.61 USD Copper Copper
117.55 USD Iron Ore Iron Ore
384.00 USD Ship Dismantling Ship Dismantling
2,406.24 TRY Gold (gr) Gold (gr)

London court rejects Vale's request to drop 2015 tailings dam breach charges

London court rejects Vale's request to drop charges in 2015 tailings dam breach case near Mariana, Minas Gerais.

London court rejects Vale's request to drop 2015 tailings dam breach charges

A London court has rejected Vale's request to drop charges in the Brazil tailings dam disaster case.

The Fundao dam breach in 2015 caused a massive man-made disaster, resulting in liquid mud flooding two settlements and 19 deaths. The ecological damage affected Minas Gerais and Espírito Santo, particularly the Dosé River ecosystem.

Vale will appear as a defendant alongside BHP UK and BHP Australia. The lawsuit has already reached a total of $47 billion, with hearings scheduled for April 2024. BHP representatives deny all allegations and claim the case has already been settled in Brazilian courts. The Renova Foundation, created by BHP and Vale, has been responsible for recovery and compensation since 2016.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Taiwanese company Feng Hsin cuts rebar and scrap prices

Monday, May 6, 2024

Kocaer changes dividend decision

Monday, May 6, 2024

Despite US Steel's mixed first-quarter results, CEO optimistic about the future

Monday, May 6, 2024

Wire mesh prices dated May 6th announced in Türkiye

Monday, May 6, 2024

Rebar imports of Türkiye decreased by 35.9% in January-March period

Monday, May 6, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now