IBOV 175,380.00 ▲ 0.46% IPSA 11,450.75 ▼ 0.76% IPC MEX 66,293.07 ▲ 0.79% MERVAL 3,044,628 ▲ 1.18% COLCAP 2,507.12 ▼ 0.05% BVL PERÚ 60,449.35 ▲ 0.64% USD/BRL5.16▲ 0.19% USD/MXN16.96▲ 0.08% USD/CLP918.54▲ 0.57% USD/COP3,110▲ 1.51% USD/PEN3.34▼ 0.32% USD/ARS1,515▲ 0.18% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.15▼ 0.27% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.09% USD/VES785.55▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL6.01▼ 0.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,380.00 ▲ 0.46% IPSA 11,450.75 ▼ 0.76% IPC MEX 66,293.07 ▲ 0.79% MERVAL 3,044,628 ▲ 1.18% COLCAP 2,507.12 ▼ 0.05% BVL PERÚ 60,449.35 ▲ 0.64% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Wednesday, August 26, 2026

Business - Brazil Rio de Janeiro

Vale Workers at Brumadinho Want R$5 Billion in Compensation

By · April 12, 2019 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Representatives of Vale workers who were victims of the break of the Feijão Dam, in Brumadinho, Minas Gerais are filing a collective action against the mining company. According to lawyer Maximiliano Garcez, workers are asking for R$5 billion in compensation for the collective social and moral damages caused by the multinational.

Brazil, Firefighters look for survivors in Brumadinho where on Friday a dam broke, burying part of the town under mud.
Firefighters look for survivors in Brumadinho where in January a dam broke, burying part of the town under mud, photo internet reproduction.
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“We are also demanding that Vale be held accountable for the victims’ last family members in the coming decades. That Vale take responsibility for mitigating the suffering of family members,” Garcez told reporters.

The lawyer added that the lawsuit also calls for the hiring of a company that will “actively monitor the physical and mental health of family members” and determine what Vale should pay in terms of additional aid in the future.

Unlike the civil action filed by the Labor Prosecutor’s Office, the entities claim compensation for moral damages both to the families of the employees who died during the tragedy and to the surviving workers.

In all, the lawsuit asks that each of the deceased workers’ families receive R$10 million in compensation. The amount is similar to that set by the mining company.

The compensation to be given to every Vale employee who was present at the time the damn broke is of R$1.5 million. The amount asked by employees who worked in the region but who were not there at the time of the disaster is R$1 million.

According to Garcez, the compensation for moral damages has to “commensurate with the size of the tragedy and the extent of Vale’s irresponsibility.”

“The amount is equivalent to 1h20 of Vale’s profit, so we do not consider it to exorbitant,” he said.

“It is a very reasonable value considering the tragedy and all the measures that could have been taken to avoid it,” he added.

Vale recently announced that its profit margin for Q4 of 2018 was of US$3.7 billion.

The latest numbers by the Civil Defense of Minas Gerais confirm a total of 225 deaths due to rupture of the Feijão Mine on January 25th this year. Officials say 52 people are still missing.

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◆ Live Company Intelligence
Vale
NYSE: VALEVALE3Basic MaterialsOther Industrial Metals & Mining65,805 employees
$64.01B
Market cap
Analyst target $16.74

Wall Street view

3.9Moderate Buy/ 5
14 Buy12 Hold0 Sell
Avg. price target $16.74  ·  +11% vs 200-day

Valuation & profitability

Market cap$64.01B
Revenue (TTM)$218.07B
P / E ratio28.9
Profit margin4.8%
Return on equity4.1%

Price & risk

52-wk low
$9.30
52-wk high
$17.44
Beta (volatility)0.75
200-day average$15.04

Revenue trend · 6y

20202025
Latest $38.23B

Ownership

Institutions20.8%
Shares outstanding4.26B
Top holderCapital World Investors
Institutional holders5+ funds

Dividend

Yield37.5%
Payout ratio2.0%
Fwd. annual$1.20
What Vale does. Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous…
Data: RT fundamentals (VALE.US) · figures in USD · as of 26 Aug 2026More company intelligence →

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