Vale Facing $3.8 Billion Dutch Lawsuit Over Brazil Dam Collapse

March 19, 2024, 4:25 PM UTC

Vale SA is set to face a fresh legal front over a catastrophic Brazilian dam collapse in 2015 after thousands of victims sued the company in a Dutch court in a claim that could cost the mining giant £3 billion ($3.8 billion).

Proceedings were started in the Netherlands against Vale and Samarco, law firm Pogust Goodhead said in a statement. Brazil’s worst environmental disaster unleashed a torrent of waste, killing 19 and polluting waterways in at least two Brazilian states.

The lawsuit is being brought on behalf of claimants including seven Brazilian municipalities, 77,000 victims and nearly 1,000 businesses and ...

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