Brazil court suspends lawsuit over Samarco mine disaster

A federal court in Minas Gerais has suspended a case brought by prosecutors seeking 155 billion reais ($49.7 billion) in damages for the 2015 Samarco mine disaster. Vale said in a securities filing the court suspended other lawsuits to facilitate negotiation of a final deal on damages resulting from the collapse of a tailings dam at the mine – a joint venture between Vale and the world’s largest mining company, BHP Billiton.

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