Brazil to sue BHP, Vale for $5 bln in damages for dam burst

Valecha Engineering

27/11/2015 18:52

BRASILIA, Nov 27 (Reuters) - Brazil's federal and state 
governments plan to sue the owners of the Samarco iron ore miner 
for 20 billion reais ($5.24 billion)in damages caused by the 
burst of a tailings pond dam, Environment Minister Izabella 
Teixeira told reporters on Friday. 
   Samarco is a joint venture between the world's largest mining 
company, BHP Billiton Ltd  BHP.AX  BHP.N  BLT.L , and the 
biggest iron ore miner, Vale SA  VALE5.SA  VALE.N . 
 
($1 = 3.8181 Brazilian reais) 
 
 (Reporting by Lisandra Paraguassu; Editing by Chris Reese) 
 ((anthony.boadle@thomsonreuters.com; +55 61 3426-7018; Reuters 
Messaging: anthony.boadle.thomsonreuters.com@reuters.net;)) 
 
Keywords: BRAZIL DAMBURST/DAMAGES