BHP, Vale’s disaster relief fund to increase spending by 25% in 2021

The mix of reddish mud, water and debris from the Samarco disaster reached the Atlantic Ocean in a matter of days. (Screenshot from PigMine 7, via YouTube)
The Renova Foundation, set up by BHP Group and Vale SA to compensate for a deadly dam burst at a jointly owned Brazilian mine in 2015, will spend 5.86 billion reais ($1.09 billion) this year, up about 25% from 2020, its executive-director told Reuters in an interview on Friday.
($1 = 5.37 reais)
(By Marta Nogueira and Gram Slattery; Editing by Brad Haynes)
More News
Indian delegation to visit Chile seeking stake in SQM’s lithium projects
Several companies are in talks with SQM for stakes of 20% in its Mount Holland and Andover projects in Australia.
April 04, 2025 | 09:50 am
Glencore seeks Australian government bailout for local copper assets
The company has approached both Queensland and federal governments about the future of its Mount Isa copper smelter and Townville copper refinery.
April 04, 2025 | 09:32 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments