Reuters | March 28, 2023 |
Vale’s tailings dam failure on Jan. 25, 2019, killed 270.
(Image courtesy of VinÃcius Mendonça | Ibama)
Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures about the safety of its dams prior to a 2019 dam collapse in Brazil that killed 270 people, the US Securities and Exchange Commission said on Tuesday.
(By Eric Beech)
Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures about the safety of its dams prior to a 2019 dam collapse in Brazil that killed 270 people, the US Securities and Exchange Commission said on Tuesday.
(By Eric Beech)
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