Vale knew deadly dam had heightened risk of collapse - Reuters [Seeking Alpha]
VALE S.A. American Depositary Shares Each Representing one common share (VALE)
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Source: Seeking Alpha
Vale knew deadly dam had heightened risk of collapse - Reuters - Vale S.A. (NYSE:VALE) | Seeking Alpha Commodities Vale knew deadly dam had heightened risk of collapse - Reuters Feb. 11, 2019 6:30 PM ET | Vale S.A. (VALE) Carl Surran Vale (NYSE: heightened risk of rupturing The document dated Oct. 3, 2018, shows Vale classified Dam 1 at the Córrego do Feijão mine in Brumadinho as 2x more likely to fail than the maximum level of risk tolerated under the company’s own dam safety policy, Reuters reports. Vale’s internal report placed the Brumadinho dam within an “attention zone,” saying it was necessary that “all prevention and mitigation controls are being applied,” Reuters says. ine other dams in Brazil, out of 57 that were studied, were also placed in the “attention zone,” according to the report. An analysis provided by the company that inspected the dam had warned of a high risk of failure Click to subscribe to real-time analytics on VALE Now read: Cleveland-Cliffs: A Clear Runway
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VALE
Earnings
- 4/24/24 - Miss
VALE
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- VALE's page on the SEC website