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Exclusive: Vale's mining dams are still a risk, company must do more, Brazil prosecutor says [Yahoo! Finance News]

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
View photosFILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Vale in BrumadinhoBy Sabrina Valle and Luciano CostaRIO DE JANEIRO/SAO PAULO Reuters) - Despite two major deadly mining disasters since 2015, Brazilian iron ore miner Vale SA has not complied with a number of commitments signed with authorities to prevent a third disaster, federal prosecutor Edison Vitorelli told Reuters.Twenty-nine dams that Vale uses to store mining waste still present elevated safety risks, according to Vitorelli, who forms part of a task-force of about two dozen federal and state prosecutors who pressed charges against the company after the most recent disaster which killed 270 people in January 2019.Some of the mines linked to the dams that Vitorelli's team regard as unsafe are vital to Vale's plans to recover lost iron ore production and grow capacity to 450 million tonnes per year, a level that would make it once again the world's largest producer of the steel-making ra Show less Read more
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