Vale and Brazil state approach $7bn deal over Brumadinho
The Fire Brigade of Minas Gerais resumed the search in August 2020 for still missing bodies of 11 victims of the dam collapse. (Image: Ibama)
Vale has reached an agreement on a settlement for damages from the deadly Brumadinho dam disaster in January 2019, which killed 270 people.
The attorney general of Minas Gerais state, Jarbas Soares Júnior, said on Twitter that the agreement will be signed on February 4 – the value was not disclosed.
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Vale on Wednesday confirmed an agreement for the reparation of the socio-economic and socio-environmental damage caused by the dam rupture.