Exclusive-Final settlement for Brazil's Samarco dam disaster could reach $19 billion, governor says


  • World
  • Tuesday, 20 Jul 2021

FILE PHOTO: An Australian (2nd L) and a Brazilian (2nd R) flags are pictured on the entrance of the mine operator Samarco owned by Vale SA and BHP Billiton Ltd in Mariana, Brazil, November 11, 2015. REUTERS/Ricardo Moraes/File Photo

RIO DE JANEIRO (Reuters) -

A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian state where the disaster occurred told Reuters.

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