The top prosecutor of Brazil’s Minas Gerais state is still hoping for a bigger deal
Destroyed houses after a dam burst in the village of Bento Rodrigues, in Mariana, Minas Gerais state, Brazil, on Nov. 6, 2015. Vale , BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam burst, but local prosecutors still want them to bump up their offer.
The dam collapse at the Samarco iron ore mine near the town of Mariana in Brazil’s southeastern state of Minas Gerais caused a vast flow of mud and mining waste that buried a nearby village, killing 19 people and leaving hundreds homeless.Of the remaining amount the companies proposed to disburse, 72 billion reais would be paid to the federal and local governments over a period, Vale said. Some 18 billion reais would be used to settle future obligations.
“I’m not satisfied with the final amount,” Jarbas Soares Junior said. “But with the companies’ stance of seeking something more compatible, yes.”“They’re asking for a 20-year term for everything, so adding another 500 million reais per year would be no sacrifice for them,” he said, referring to the amount still to be paid by the firms.
“The companies and authorities remain committed to advancing negotiations and approving a definitive agreement,” Vale said. “The proposal is intended to provide a mutually beneficial resolution for all parties.”
Reais Reai Amount Agreement Offer Proposal Bhp BHP Vale Minas Gerais
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