Brazilian federal judge Vinicius Coubucci from the 4th Federal Civil and Agrarian Court of Belo Horizonte ordered Vale (VALE), Samarco and BHP (BHP) to pay 47.6B reais for “collective moral damages” resulting from the collapse of the Mariana dam in 2015, O Globo reported. Vale shares trading in New York are down about 1%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VALE: