Salem Radio Network News Saturday, October 1, 2022

Business

Brazil’s Vale fined after comptroller general’s decision on Brumadinho disaster

SAO PAULO (Reuters) – Brazilian miner Vale SA was fined about 86.3 million reais ($16.82 million) after the country’s comptroller general decided the firm did not present truthful informations on the conditions of its Brumadinho tailings dam prior to a 2019 disaster.

The mining giant said it did not agree with the decision and will appeal within the next 10 days.

($1 = 5.1312 reais)

(Reporting by Gabriel Araujo; Editing by Steven Grattan)

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