The Brazilian government expects to reach agreement by Friday with Samarco Mineração to settle a 20-billion-real ($4.9-billion) lawsuit for damages related to a deadly November dam disaster, a spokesman for Brazil’s attorney general said on Wednesday.
Brazil has sued Samarco, a 50/50 iron-ore mining joint venture between Brazil’s Vale and Australia’s BHP Billiton, for 20-billion reais ($4.8-billion) after the dam, which held iron-ore tailings, burst in Brazil’s Minas Gerais state.
