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19/04/04

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Investors

Vale reports on the progress of the indemnification process


In a hearing held on Thursday (4/4) at the 6th Public Revenue Court and Autonomous Entities, in Belo Horizonte, Minas Gerais, Vale agreed that the emergency payments will not be deducted from the individual indemnification sums and will be offset against the compensation for social and economic damages, the latter to be calculated at the end of the process. So far, more than 3,000 people have already received the emergency payments.  It has also been agreed that the affected people will receive support from an independent technical consultancy firm to negotiate their indemnification individually.

 

Media Relations Office - Vale


imprensa@vale.comMedia Relations Office

- Vale
imprensa@vale.com

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Reparation

Our commitment to repairing the communities and people impacted by the B1 dam failure is constant. See the social, environmental and safety actions taken by Vale.
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