An association of Brazilian mining companies on Wednesday criticized some propos...
FILE PHOTO: Members of a rescue team search for victims of a collapsed tailings dam owned by Brazilian mining company Vale SA, in Brumadinho, Brazil February 10, 2019. Picture taken February 10, 2019. REUTERS/Washington Alves
In a 400-page report, the Senate panel looking into the January disaster proposed a ban on new tailings dams, sought the phase-out of all existing tailings dams within 10 years and recommended harsher legislation for environmental crimes. The panel also asked for implementation of a 40% royalty charge on high-yield mines and recommended the indictment of several Vale executives, including the former CEO and the current CFO.
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