Prosecutors seek 50 billion reais from Vale for environmental restoration

FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Vale SA, in Brumadinho, Brazil February 10, 2019. REUTERS/Washington Alves/File Photo - Copyright Washington Alves(Reuters)

By Reuters

Published on 15/03/2019 - 20:32•Updated 24/04/2024 - 12:28

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SAO PAULO (Reuters) - Brazilian prosecutors requested that mining company Vale SA be ordered to guarantee funds of 50 billion reais (£9.8 billion) for environmental recovery efforts after a January dam disaster, they said in a statement on Friday.

(Reporting by Marta Nogueira and Marcelo Teixeira; Editing by Christian Plumb)

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Prosecutors seek 50 billion reais from Vale for environmental restoration

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