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Brazilian Judge Ratifies Settlement With Samarco Over Deadly Tailings Dam Burst

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BRASILIA, Brazil

A Brazilian judge on May 5th ratified the $6.2 billion USD settlement agreement between mining company Samarco and its co-owners, BHP Billiton and Vale SA, for damages caused by the tailings dam collapse at Samarco’s iron ore mine in Minas Gerais state last November.