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Stock impact report

Brazil's Vale asks court for inspection firm documents on burst dam 4:02pm EDT [Reuters]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Reuters
Brazil's Vale asks court for inspection firm documents on burst dam - Reuters 2 Min Read RIO DE JANEIRO (Reuters) - Brazilian miner Vale SA, the world’s biggest iron ore producer, has taken legal action to force a German inspection firm to provide documents on its services for the Brumadinho dam that could help to establish who was responsible for the disaster. TÜV SÜD audited the tailings dam before its collapse in January which killed nearly 300 people. In a court filing seen by Reuters on Thursday, Vale asked a court to authorize access to all the documents related to that audit, arguing that if the German company had not fulfilled its contract it could be held responsible. Vale cited a statement given to federal police by TÜV SÜD employee Makoto Mamba in which he alleged he had been “pressured” by the miner to sign a report validating the stability of the Brumadinho dam so that planned work on the dam’s structure could proceed. “The finger pointed by the TÜV SÜD technician in fact Show less Read more
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