Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • September
  • Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say
  • Business

Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say

Editor September 6, 2024
2024-09-06T190847Z_2_LYNXMPEK850PM_RTROPTP_4_VALE-CEO

RIO DE JANEIRO (Reuters) -Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100 billion reais ($17.87 billion) for the collapse of a dam in the city of Mariana, said four sources familiar with the discussions.

Three of the sources expect a final agreement to be reached in October.

The amount is more than the 82 billion reais in new resources offered in the companies’ last proposal in June to compensate for the 2015 disaster, which caused a wave of toxic tailings that killed 19 people, left hundreds homeless, flooded forests and polluted a river.

($1 = 5.5955 reais)

(Reporting by Marta Nogueira and Rodrigo Viga Gaier; Editing by Chris Reese and Kylie Madry)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: KinderCare revives plans for long-sought US IPO
Next: Musk’s xAI in talks for share in future Tesla revenue, WSJ reports

Related Stories

2025-08-22T225658Z_1_LYNXMPEL7L0XW_RTROPTP_4_META-PLATFORMS-RESULTS
  • Business

Meta partners with Midjourney to license AI tech for future products

Editor August 23, 2025 0
2025-08-22T231059Z_1_LYNXMPEL7L0Y2_RTROPTP_4_DATABRICKS-M-A-1
  • Business

Exclusive-Databricks to buy Sequoia-backed Tecton in AI agent push 

Editor August 23, 2025 0
2025-08-22T172230Z_1_LYNXMPEL7L0Q4_RTROPTP_4_EU-APPLE-META-PLATFORMS-ANTITRUST-7
  • Business

Apple in talks to use Google’s Gemini AI to power revamped Siri, Bloomberg News reports

Editor August 23, 2025 0

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Trump administration backs Bayer’s bid to curb Roundup lawsuits
  • Australia’s government spending likely boosted Q3 economic growth
  • Explainer-How could Venezuela’s military respond to a US attack?
  • Court disqualifies Trump ally Habba as top New Jersey federal prosecutor
  • Economic jitters will not derail Americans’  generosity on Giving Tuesday, expert says

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

  • Newsletters

Trump administration backs Bayer’s bid to curb Roundup lawsuits

Editor December 2, 2025 0
2025-12-02T004453Z_1_LYNXMPELB1016_RTROPTP_4_AUSTRALIA-DAILYLIFE.JPG
  • Newsletters

Australia’s government spending likely boosted Q3 economic growth

Editor December 2, 2025 0
  • Newsletters

Explainer-How could Venezuela’s military respond to a US attack?

Editor December 2, 2025 0
  • Newsletters

Court disqualifies Trump ally Habba as top New Jersey federal prosecutor

Editor December 1, 2025 0
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Options Trading Report | optionstradingreport.com