Mariana tragedy: Companies propose another BRL90bi indamages
The mining company Samarco and its shareholders Vale and BHP Billiton have proposed contributing another BRL 90 billion to compensate for the damage caused by the collapse of the tailings dam in Mariana, Minas Gerais. Of this total, BRL 72 billion should be transferred in cash over a period to be determined. Another BRL 18 billion should be used for measures to be implemented by Samarco.