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Vale Faces $3.8 Billion Declare in Dutch Case Over Mariana Dam Break in Brazil

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Victims of the 2015 Mariana dam break in Brazil are looking for about 3 billion kilos ($3.8 billion) in compensation from mining corporations Vale and Samarco in a brand new lawsuit launched within the Netherlands, their attorneys mentioned on Tuesday.

The compensation is claimed on behalf of practically 1,000 companies and greater than 77,000 people hit by the catastrophe, in a Dutch lawsuit introduced by Ações do Rio Doce, a Dutch non-profit basis.

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The case was filed within the Netherlands by Dutch agency Lemstra Van der Korst and British agency Pogust Goodhead, which earlier filed the same case in Britain towards Australian mining agency BHP BHP.AX.

Vale, which collectively owns Samarco with BHP, mentioned it “reinforces its dedication to supporting the complete restore of the harm attributable to the collapse of the Fundao dam,” including that by the top of February it had allotted 36.51 billion reais ($7.3 billion) to reparation and compensation measures.

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The dam collapse within the southeastern metropolis of Mariana brought on an enormous mudslide that killed 19 folks and severely polluted the Rio Doce river, compromising the waterway to its outlet within the Atlantic Ocean.

A Brazilian federal choose this 12 months dominated that Vale, BHP and their three way partnership Samarco should pay 47.6 billion reais ($9.4 billion) to a state fund in damages for the dam burst.

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That ruling didn’t apply to particular person victims, Pogust Goodhead mentioned in January.

The case was launched within the Netherlands towards Vale SA and Samarco Iron Ore Europe BV, Samarco’s Dutch subsidiary. Attorneys mentioned that they had made certain belongings of Vale’s Dutch subsidiary could be ringfenced in case of a profitable end result of the declare.

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($1 = 5.0457 reais)

($1 = 0.7877 kilos)

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(Reporting by Bart Meijer; enhancing by Susan Fenton and Aurora Ellis)

{Photograph}: On this Nov. 24, 2015 picture, the colour brown on the church’s white partitions point out the extent which water and dirt reached throughout a latest mudslide triggered by the failing of a dam at a close-by iron ore mine, in Paracatu, Brazil. After the catastrophe hit, the hamlet of Paracatu and different close by hamlets like Bento Rodrigues grew to become ghost cities. (AP Photograph/Leo Correa)

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