09
Aug
14:16
Samarco shareholders face new compensation order
The Brazilian 4th Federal Court of Minas Gerais has ordered Samarco's shareholders, Vale and BHP, to pay $50 million in moral damages for disclosing counter-advertising material in 2021 about the Fundão dam rupture, Kallanish notes.
The incident killed 19 people and flooded areas in two states of southeastern Brazil on 5 November 2015, destroying communities and contaminating navigable waterways.
Judge Vinicius Cobucci requested indemnification for co…
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