Mining firms agree to pay billions in compensation over Brazil dam collapse

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Brazil’s federal government has reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that has been called the country’s worst environmental disaster&period;<&sol;p>&NewLine;<p>Under the agreement&comma; Samarco — a joint venture of Brazilian mining giant Vale and Anglo-Australian firm BHP — will pay 132 billion reais &lpar;£17&period;7 billion&rpar; over 20 years to compensate for human&comma; environmental and infrastructure damage caused by the release of an immense amount of toxic mining waste into a major river in south-eastern Minas Gerais state&comma; killing 19 people and ravaging entire villages&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are fixing a disaster that could have been avoided but wasn’t&comma;” President Luiz Inacio Lula da Silva said in a hall of the presidential palace&comma; surrounded by governors of the affected states&comma; members of his administration&comma; reporters and victims&period;<&sol;p>&NewLine;<p>His speech&comma; filled with criticism of what he called the mining companies’ irresponsibility in chasing profit over safety&comma; was met with applause from the audience&period;<&sol;p>&NewLine;<p>The toxic sludge — enough to fill 13&comma;000 Olympic-size swimming pools — flowed down the Doce River for 420 miles to the Atlantic Ocean&comma; contaminating waterways and coastal areas in two neighbouring states&period;<&sol;p>&NewLine;<p>The mining companies told the federal government during negotiations that they had already paid 38 billion reais &lpar;£29 billion&rpar; in reparations&period;<&sol;p>&NewLine;<p>The settlement includes compensation for more than 300&comma;000 victims&comma; though that figure does not account for everyone affected&period; Twice as many people — 620&comma;000 — took their case to a UK court on Monday seeking reparations&period;<&sol;p>&NewLine;<p>The class action lawsuit at the High Court in London seeks an estimated £36 billion in damages from BHP&period; The case was filed in Britain because one of BHP’s two main legal entities was based in London at the time&period;<&sol;p>&NewLine;<p>The London suit prompted the Brazilian Supreme Court’s Chief Justice Luis Roberto Barroso to personally seek Lula’s commitment to ensure parties reached an agreement domestically&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;I spoke with Lula and said&comma; &OpenCurlyQuote;Mr President&comma; there is a case abroad&comma; and it will be very damaging to the Brazilian courts if this matter is resolved outside the country&comma;’” Mr Barroso said on Friday at the presidential palace&period;<&sol;p>&NewLine;<p>The Brazilian federal government said victims would receive 35&comma;000 reais &lpar;£4&comma;740&rpar; each while fishermen and farmers would be paid 95&comma;000 reais &lpar;£13&comma;100&rpar; in total through monthly instalments over four years&period;<&sol;p>&NewLine;<p>Cristiano Sales&comma; 42&comma; was born and raised in Bento Rodrigues&comma; one of the districts in the municipality of Mariana that was washed over by the sludge nine years ago&period; When he returned to the ruins of his house three months later&comma; the only item he found was a shirt from his favourite soccer team&comma; Cruzeiro&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;184676" aria-describedby&equals;"caption-attachment-184676" style&equals;"width&colon; 640px" class&equals;"wp-caption alignnone"><img src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2024&sol;10&sol;IMG&lowbar;6721&period;webp" alt&equals;"" width&equals;"640" height&equals;"427" class&equals;"size-full wp-image-184676" &sol;><figcaption id&equals;"caption-attachment-184676" class&equals;"wp-caption-text">Cristiano Sales stands in front of the ruins of his house<&sol;figcaption><&sol;figure>&NewLine;<p>Mr Sales lives in a new house in a neighbourhood built by the mining companies as part of compensation to his father&period; After filing a lawsuit&comma; he personally received 100&comma;000 reais &lpar;£13&comma;900&rpar; and is still pursuing additional reparations through the London suit&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Money can’t pay for what we’ve been through here&comma;” he said&period; &OpenCurlyDoubleQuote;We take the money because it’s our right&period; But to say that 100&comma;000 or even 200&comma;000 or 300&comma;000 could bring back the life we had — I don’t think any amount of money can do that&period;”<&sol;p>&NewLine;<p>Australia-based BHP said in a statement earlier this week it believes the UK action is unnecessary because it duplicates matters covered by reparation efforts and legal proceedings in Brazil but will continue to defend itself&period;<&sol;p>&NewLine;<p>Pogust Goodhead&comma; the law firm representing the plaintiffs&comma; said on Friday the settlement in Brazil should not have any impact on the London case and that there will be no double compensation&period;<&sol;p>&NewLine;<p>The firm added that its clients were excluded from the negotiations and are still pursuing full reparations for unresolved damages&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The Mariana agreement signed this Friday in Brazil demonstrates that&comma; after nine years of negligence&comma; the mining companies have finally decided to react to the pressure from public opinion and the trial in England&comma; which began last Monday&comma;” the law firm said in a statement&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Even so&comma; the amounts defined are far from covering the profound losses suffered by the victims&comma; who continue to fight for justice and full reparations&period;”<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd1cd3c4b98">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68cd1cd3c4b98'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.

- Advertisement -
Exit mobile version