Brazil's Authorities Eyes Compensation Deal for 2015 Vale-BHP Dam Burst

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BRASILIA (Reuters) - Brazil's authorities will attempt to attain a deal "as quickly as doable" on compensation for the 2015 burst of a tailings dam owned by Samarco, a three way partnership between Vale and BHP , Institutional Relations Minister Alexandre Padilha mentioned on Friday.

In a information convention in Brasilia, Padilha mentioned the matter had been mentioned at a gathering with state governors earlier within the day.

The dam collapse within the southeastern metropolis of Mariana killed 19 folks and severely polluted the Rio Doce river, compromising the waterway all the best way to its outlet within the Atlantic Ocean.

Padilha mentioned President Luiz Inacio Lula da Silva's chief of employees would arrange a gathering with the governments of Minas Gerais, the place Mariana is situated, and Espirito Santo, the place the Doce river additionally flows, for additional discussions.

The states are looking for compensation for the injury finished by the catastrophe.

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"We'll attempt to attain this compensation settlement as quickly as doable in mild of the environmental crime that was dedicated in Mariana," Padilha mentioned. "We wish to velocity up the ultimate negotiations for this deal."

In late 2021, a research finished by an organization contracted by prosecutors confirmed the "socio-environmental" injury brought on by the dam rupture was between 37.6 billion reais ($7.35 billion) and 60.6 billion reais ($11.85 billion).

(Reporting by Lisandra Paraguassu; Enhancing by Isabel Woodford and Paul Simao)

Copyright 2023 Thomson Reuters.

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