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01 Jul
12:07

Brazilian court quashes Samarco agreement, civil claim reinstated

Brazil’s federal prosecutors’ office has successfully appealed against the ratification of the framework agreement between Vale-BHP joint-venture, Samarco Mineração SA and several governmental bodies in Brazil, Vale tells Kallanish. The decision by the Superior court of Brazil will result in the reinstatement of the BRL 20 billion ($6.2 billion) public civil claim made by the Brazilian Authorities against the three companies. The lawsui…
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