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SÃO PAULO Brazilian iron-ore miner Vale said Thursday it intends to defend itself against a reported request for compensation of about $20 billion for a 2015 dam collapse. ....
Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco, a joint venture it shares with miner BHP Group.
Vale said it had agreed on the deal with Samarco, BHP Billiton Brasil and certain creditors that hold more than 50% of Samarco's notes and unsecured bank debt. ....