Showing posts with label Vale SA. Show all posts
Showing posts with label Vale SA. Show all posts

December 28, 2015

Political Report #1102, Brazil dam disaster: judge freezes assets of miners BHP and Vale By The Guardian


Brazil is demanding $5B in compensation from BHP Billiton and Vale SA over one of the worst environmental disasters in its history. Photograph:  Ricardo Moraes/Reuters


By The Guardian
A judge has frozen the Brazilian assets of mining giants BHP Billiton and Vale SA after determining their joint venture Samarco was unable to pay for widespread damage caused by the bursting of a dam at its mine last month.