Vale Denied Having ‘Upstream’ Dams Ahead of Deadly Accident

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Vale Denied Having ‘Upstream’ Dams Ahead of Deadly Accident

Vale Denied Having ‘Upstream’ Dams Ahead of Deadly Accident

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Mining large Vale SA had denied proudly owning the type of mine-waste dam that collapsed in January and killed no less than 157 other people at one of its previous mines in Brazil, underscoring the business’s reluctance to divulge details about such buildings.

Vale’s denials to traders and the scoop media got here after any other so-called upstream tailings dam, referred to as Fundão, failed in 2015, killing 19 other people in what was once then thought to be Brazil’s worst-ever environmental crisis. That dam was once co-owned by means of Vale and Australia’s BHP Group Ltd.

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