Company Response
Vale response
Vale understands that the deal mentioned above is the agreement signed in October with the State Prosecution Office of Mina Gerais, which terminated the main lawsuit related to the dam collapse in Mariana and enabled the retake of the Mediated Indemnification Program (PIM) for the community affected in that region, based on the damage matrix used by the Renova Foundation along the River Doce watershed. Henceforth, the Renova Foundation may present compensation proposals to those affected by the dam collapse and discuss their legitimacy and amounts due to each one. Regarding to the lawsuit filed against BHP Billiton before the UK High Court in Liverpool, Vale clarifies that the company is not a defendant in the suit.