Brazil has finalized a significant 170 billion reais compensation agreement with mining companies for the 2015 Mariana dam collapse, marking a substantial step toward justice and recovery.
The agreement obligates miners BHP, Vale, and Samarco to provide 132 billion reais for public authorities over 20 years, ensuring ongoing support for environmental recovery.
The plan includes a variety of annual payments scheduled until 2043, aiming to provide financial restitution for families and facilitate extensive environmental recovery efforts.
Brazil's government aims to use the agreement's funds to empower local authorities to adequately compensate affected families and restore the environment damaged by the disaster.
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