IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.06▼ 0.34% USD/MXN17.39▼ 0.15% USD/CLP936.72▲ 0.11% USD/COP3,205▼ 1.56% USD/PEN3.40▲ 0.06% USD/ARS1,480▲ 0.15% USD/UYU40.11▲ 0.99% USD/PYG6,045▲ 1.66% USD/BOB10.95▲ 3.79% USD/DOP58.01▼ 0.33% USD/CRC447.30▲ 1.33% USD/GTQ7.62▲ 2.19% USD/HNL26.74▲ 1.49% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.10% EUR/BRL5.77▼ 0.86% BRENT 93.38 ▲ 2.60% WTI 86.39 ▲ 1.74% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.08% GOLD 4,149 ▲ 1.92% SILVER 60.15 ▲ 2.24% SOY 1,231 ▲ 0.90% CORN 480.75 ▲ 6.18% WHEAT 691.00 ▲ 1.92% COFFEE 317.05 ▼ 4.49% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 144.15 ▲ 0.24% COTTON 80.43 ▲ 1.86% COCOA 5,458 ▼ 2.66% BEEF 221.00 ▼ 2.50% CATTLE 340.35 ▼ 2.63% LITHIUM 69.40 ▲ 0.46% PETR4 42.30 ▲ 1.54% VALE3 74.07 ▲ 2.53% ITUB4 42.63 ▲ 0.24% BBDC4 18.70 ▲ 0.81% ABEV3 15.95 ▲ 0.95% BBAS3 20.91 ▲ 0.14% B3SA3 15.47 ▲ 1.98% WEGE3 45.86 ▲ 7.98% PRIO3 59.28 ▲ 1.89% SUZB3 42.15 ▲ 1.25% RENT3 36.83 ▲ 0.77% AZZA3 17.42 ▼ 0.34% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 0.73% GMAT3 3.88 ▲ 1.31% PSSA3 53.98 ▲ 0.93% CVCB3 1.15 ▲ 2.68% POSI3 3.70 ▲ 0.54% SLCE3 13.94 ▲ 1.38% NATU3 8.76 ▲ 0.57% BRKM5 5.87 ▲ 2.80% RANI3 7.98 ▲ 1.14% CSNA3 5.24 ▲ 3.56% CMIN3 5.89 ▲ 5.56% USIM5 8.57 ▲ 1.30% GGBR4 23.80 ▲ 1.32% ENEV3 25.53 ▲ 0.43% CPFE3 46.18 ▼ 0.47% CMIG4 11.03 ▲ 0.09% EQTL3 39.02 ▲ 0.49% LREN3 13.48 ▲ 1.58% VIVT3 35.66 ▼ 0.39% RAIL3 13.52 ▲ 2.11% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.12 ▼ 0.06% RDOR3 34.14 ▲ 0.65% HAPV3 11.52 ▲ 2.49% FLRY3 16.71 ▲ 0.97% SMTO3 15.85 ▲ 1.73% UGPA3 32.17 ▲ 1.10% VBBR3 34.26 ▲ 0.91% BBSE3 41.80 ▲ 0.60% BPAC11 56.02 ▲ 1.17% CURY3 30.18 ▲ 0.77% AERI3 2.07 ▲ 1.47% VIVARA 21.56 ▲ 0.70% COMPASS 24.63 ▲ 0.78% VAMOS 3.18 ▲ 2.91% SANB11 26.79 ▼ 1.54% ASAI3 8.43 ▲ 2.18% SBSP3 28.73 ▲ 0.45% WALMEX 49.24 ▲ 0.18% GMEXICO 208.68 ▼ 0.14% FEMSA 227.31 ▲ 0.25% CEMEX 22.02 ▼ 0.23% GFNORTE 187.02 ▲ 0.66% BIMBO 59.40 ▲ 0.02% TELEVISA 9.77 ▲ 0.10% AMX 22.76 ▲ 0.09% GAP 378.94 ▲ 0.11% ASUR 273.83 ▼ 0.41% OMA 226.51 ▲ 0.11% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.55 ▲ 0.39% SQM-B 64,540 — 0.00% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 — 0.00% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.20 — 0.00% YPF 80,625 — 0.00% GGAL 7,965 ▲ 1.53% PAMPA 5,475 — 0.00% TXAR 679.00 ▲ 1.27% ALUAR 973.00 — 0.00% TGS 9,710 — 0.00% CEPU 2,340 — 0.00% MIRGOR 16,775 ▼ 2.04% COME 42.87 — 0.00% LOMA NEGRA 3,605 — 0.00% BYMA 292.25 — 0.00% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.77 ▲ 1.42% BANCOLOMBIA 83.98 ▲ 0.40% GRUPO AVAL 5.11 ▲ 0.29% CREDICORP 390.00 ▼ 0.28% SOUTHERN COPPER 189.67 ▲ 0.88% BUENAVENTURA 32.15 ▲ 2.88% MERCADOLIBRE 1,819 ▼ 0.22% NUBANK 14.35 ▼ 0.28% XP 16.90 ▲ 0.30% PAGSEGURO 9.56 ▼ 0.26% STONE 11.31 ▲ 0.49% GLOBANT 32.49 ▲ 1.22% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 218.22 ▲ 0.25% ASUR 273.83 ▼ 0.41% OMA AIRPORT 105.17 ▲ 0.90% AMX ADR 26.16 ▲ 0.25% FEMSA ADR 131.43 ▲ 0.82% CEMEX ADR 12.79 ▲ 0.71% PETROBRAS ADR 18.77 ▲ 1.24% VALE ADR 14.61 ▲ 2.53% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.13 ▲ 0.48% CSN 1.04 ▲ 4.00% GERDAU 4.74 ▲ 2.05% LATAM ADR 51.23 ▼ 0.66% BTC 65,866 ▼ 0.96% ETH 1,939 ▲ 0.56% SOL 77.80 ▼ 0.40% XRP 1.14 ▼ 0.09% BNB 571.88 ▼ 0.30% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.63% AVAX 6.55 ▼ 0.17% LINK 8.67 ▲ 0.29% DOT 0.84 ▼ 0.81% LTC 46.79 ▼ 0.06% BCH 221.15 ▼ 1.14% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.26% HBAR 0.07 ▲ 2.64% NEAR 1.88 ▼ 2.64% ATOM 1.47 ▼ 1.08% AAVE 97.72 ▲ 2.25% SELIC 14.25% EMBRAER 83.97 ▲ 1.60% EMBRAER ADR 65.84 ▲ 0.57% JBS 12.06 ▲ 0.92% JBS BDR 61.09 ▲ 1.44% MBRF3 15.38 ▲ 1.79% MBRFY 2.97 ▲ 0.68% INTER 5.55 ▼ 0.54% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.06 ▼ 0.34% USD/MXN 17.39 ▼ 0.15% USD/CLP 936.72 ▲ 0.11% USD/COP 3,205 ▼ 1.56% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,480 ▲ 0.15% USD/UYU 40.11 ▲ 0.99% USD/PYG 6,045 ▲ 1.66% USD/BOB 10.80 ▲ 2.37% USD/DOP 58.01 ▼ 0.33% USD/CRC 447.30 ▲ 1.33% USD/GTQ 7.62 ▲ 2.19% USD/HNL 26.74 ▲ 1.49% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.10% EUR/BRL 5.77 ▼ 0.86% BRENT 93.38 ▲ 2.60% WTI 86.39 ▲ 1.74% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.08% GOLD 4,149 ▲ 1.92% SILVER 60.15 ▲ 2.24% SOY 1,231 ▲ 0.90% CORN 480.75 ▲ 6.18% WHEAT 691.00 ▲ 1.92% COFFEE 317.05 ▼ 4.49% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 144.15 ▲ 0.24% COTTON 80.43 ▲ 1.86% COCOA 5,458 ▼ 2.66% BEEF 221.00 ▼ 2.50% CATTLE 340.35 ▼ 2.63% LITHIUM 69.40 ▲ 0.46% PETR4 42.30 ▲ 1.54% VALE3 74.07 ▲ 2.53% ITUB4 42.63 ▲ 0.24% BBDC4 18.70 ▲ 0.81% ABEV3 15.95 ▲ 0.95% BBAS3 20.91 ▲ 0.14% B3SA3 15.47 ▲ 1.98% WEGE3 45.86 ▲ 7.98% PRIO3 59.28 ▲ 1.89% SUZB3 42.15 ▲ 1.25% RENT3 36.83 ▲ 0.77% AZZA3 17.42 ▼ 0.34% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 0.73% GMAT3 3.88 ▲ 1.31% PSSA3 53.98 ▲ 0.93% CVCB3 1.15 ▲ 2.68% POSI3 3.70 ▲ 0.54% SLCE3 13.94 ▲ 1.38% NATU3 8.76 ▲ 0.57% BRKM5 5.87 ▲ 2.80% RANI3 7.98 ▲ 1.14% CSNA3 5.24 ▲ 3.56% CMIN3 5.89 ▲ 5.56% USIM5 8.57 ▲ 1.30% GGBR4 23.80 ▲ 1.32% ENEV3 25.53 ▲ 0.43% CPFE3 46.18 ▼ 0.47% CMIG4 11.03 ▲ 0.09% EQTL3 39.02 ▲ 0.49% LREN3 13.48 ▲ 1.58% VIVT3 35.66 ▼ 0.39% RAIL3 13.52 ▲ 2.11% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.12 ▼ 0.06% RDOR3 34.14 ▲ 0.65% HAPV3 11.52 ▲ 2.49% FLRY3 16.71 ▲ 0.97% SMTO3 15.85 ▲ 1.73% UGPA3 32.17 ▲ 1.10% VBBR3 34.26 ▲ 0.91% BBSE3 41.80 ▲ 0.60% BPAC11 56.02 ▲ 1.17% CURY3 30.18 ▲ 0.77% AERI3 2.07 ▲ 1.47% VIVARA 21.56 ▲ 0.70% COMPASS 24.63 ▲ 0.78% VAMOS 3.18 ▲ 2.91% SANB11 26.79 ▼ 1.54% ASAI3 8.43 ▲ 2.18% SBSP3 28.73 ▲ 0.45% WALMEX 49.24 ▲ 0.18% GMEXICO 208.68 ▼ 0.14% FEMSA 227.31 ▲ 0.25% CEMEX 22.02 ▼ 0.23% GFNORTE 187.02 ▲ 0.66% BIMBO 59.40 ▲ 0.02% TELEVISA 9.77 ▲ 0.10% AMX 22.76 ▲ 0.09% GAP 378.94 ▲ 0.11% ASUR 273.83 ▼ 0.41% OMA 226.51 ▲ 0.11% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.55 ▲ 0.39% SQM-B 64,540 — 0.00% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 — 0.00% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.20 — 0.00% YPF 80,625 — 0.00% GGAL 7,965 ▲ 1.53% PAMPA 5,475 — 0.00% TXAR 679.00 ▲ 1.27% ALUAR 973.00 — 0.00% TGS 9,710 — 0.00% CEPU 2,340 — 0.00% MIRGOR 16,775 ▼ 2.04% COME 42.87 — 0.00% LOMA NEGRA 3,605 — 0.00% BYMA 292.25 — 0.00% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.77 ▲ 1.42% BANCOLOMBIA 83.98 ▲ 0.40% GRUPO AVAL 5.11 ▲ 0.29% CREDICORP 390.00 ▼ 0.28% SOUTHERN COPPER 189.67 ▲ 0.88% BUENAVENTURA 32.15 ▲ 2.88% MERCADOLIBRE 1,819 ▼ 0.22% NUBANK 14.35 ▼ 0.28% XP 16.90 ▲ 0.30% PAGSEGURO 9.56 ▼ 0.26% STONE 11.31 ▲ 0.49% GLOBANT 32.49 ▲ 1.22% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 218.22 ▲ 0.25% ASUR 273.83 ▼ 0.41% OMA AIRPORT 105.17 ▲ 0.90% AMX ADR 26.16 ▲ 0.25% FEMSA ADR 131.43 ▲ 0.82% CEMEX ADR 12.79 ▲ 0.71% PETROBRAS ADR 18.77 ▲ 1.24% VALE ADR 14.61 ▲ 2.53% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.13 ▲ 0.48% CSN 1.04 ▲ 4.00% GERDAU 4.74 ▲ 2.05% LATAM ADR 51.23 ▼ 0.66% BTC 65,866 ▼ 0.96% ETH 1,939 ▲ 0.56% SOL 77.80 ▼ 0.40% XRP 1.14 ▼ 0.09% BNB 571.88 ▼ 0.30% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.63% AVAX 6.55 ▼ 0.17% LINK 8.67 ▲ 0.29% DOT 0.84 ▼ 0.81% LTC 46.79 ▼ 0.06% BCH 221.15 ▼ 1.14% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.26% HBAR 0.07 ▲ 2.64% NEAR 1.88 ▼ 2.64% ATOM 1.47 ▼ 1.08% AAVE 97.72 ▲ 2.25% SELIC 14.25% EMBRAER 83.97 ▲ 1.60% EMBRAER ADR 65.84 ▲ 0.57% JBS 12.06 ▲ 0.92% JBS BDR 61.09 ▲ 1.44% MBRF3 15.38 ▲ 1.79% MBRFY 2.97 ▲ 0.68% INTER 5.55 ▼ 0.54%
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Wednesday, July 22, 2026

Brazil Politics - Brazil

Demanding Justice: Brazil Seeks $21 Billion for Dam Disaster Reparation

By · June 6, 2024 · 2 min read

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In 2015, the Fundo Dam in Brazil burst, unleashing a flood of toxic mud over villages and into vital waterways.

Responsible for this disaster, mining giants Samarco, Vale, and BHP now face a R$109 ($21) billion demand from the Brazilian government and the states of Minas Gerais and Espírito Santo.

This proposed settlement is not just a figure plucked from the air but a calculated demand to cover extensive socio-economic and environmental recovery.

Officials want the payment spread over 12 years, modifying the companies’ original offer of a 20-year timeline. They argue this accounts for the time already lost—eight years since the tragedy.

In a legal move, public authorities presented their case to Ricardo Rabelo. He is the federal judge overseeing the mediation at the Regional Federal Court of the 6th Region.

Demanding Justice: Brazil Seeks $21 Billion for Dam Disaster Reparation
Demanding Justice: Brazil Seeks $21 Billion for Dam Disaster Reparation. (Photo Internet reproduction)
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They emphasized the urgency of revising the payment schedule to ensure timely justice for the victims. The companies had earlier put forward R$72 ($14) billion for recovery measures.

However, government calculations show that full and effective implementation of the necessary reparations and compensations will need at least R$126 ($24) billion.

Public Statement on Environmental Accountability

The public statement, supported by multiple government bodies, clarifies that any compromises aim solely to protect the impacted communities and the environment.

It sternly rejects any proposal that might risk failing these critical objectives.

Furthermore, the request for R$109 billion explicitly excludes any past expenses the mining companies have already covered for other reparative actions.

It also does not consider ongoing responsibilities, such as cleaning up the Rio Doce, which remain under the companies’ obligation.

This financial claim underscores a broader struggle for accountability in industrial disasters. It stresses the importance of adequate compensation for environmental and community recovery.

It highlights the ongoing challenges in balancing corporate activities with ecological and social stewardship. This is essential not just for Brazil but globally.

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