SAO PAULO (AP) — Brazil's federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's worst-ever environmental disaster.
SAO PAULO — Brazil's federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's worst-ever environmental disaster.
Lula's speech, filled with criticism of what he called the mining companies’ irresponsibility in chasing profit over safety, was met with applause from the audience. Rodrigo Vilela, Samarco's president, said in the statement that the collapse was a watershed in their history, which they “deeply regret and will never forget.”
The class action lawsuit at the High Court in London seeks an estimated 36 billion pounds in damages from BHP. The case was filed in Britain because one of BHP’s two main legal entities was based in London at the time. The Brazilian federal government said victims would receive 35,000 reais each, while fishermen and farmers would be paid 95,000 reais in total through monthly installments over four years.
“Money can’t pay for what we’ve been through here," he said."We take the money because it’s our right. But to say that 100,000 or even 200,000 or 300,000 could bring back the life we had — I don’t think any amount of money can do that.”
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