Vale expects tentative dam collapse settlement with Brazil authorities this month

Brazilian miner Vale expects to reach a tentative agreement by the end of this month with Brazilian federal and state authorities to settle reparations over the deadly 2015 collapse of a tailings dam, an executive said on Thursday.

The Mariana dam collapse caused a wave of toxic tailings that killed 19 people. It left hundreds homeless, flooded forests and polluted the entire length of the Doce River.