Monday, May 9, 2016

Brazilian lawsuit over Samarco dam will struggle to match U.S. BP claim

RIO DE JANEIRO/BRUSSELS (Reuters) - Any relief felt by the mining firms BHP Billiton and Vale over what looked like a final $5.7 billion settlement for the cost of last year's dam burst at their Brazilian iron ore mine must have evaporated when state prosecutors scoffed at the deal and last Tuesday filed a $44 billion claim of their own.

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