Brazil’s Vale dam disasters trigger $2 billion in fresh writedowns

August 1, 2019 admin Business News Comments Off on Brazil’s Vale dam disasters trigger $2 billion in fresh writedowns

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.

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Source:: Reuters – Business News

      

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