Brazil miner Vale expects to mostly finish paying for burst dam by 2021

RIO DE JANEIRO/BRASILIA (Reuters) - Brazilian miner Vale SA on Wednesday said it expects to finish paying for most of the expenses related to the disaster at one of its facilities that killed at least 250 people by 2021. In securities filings, Vale laid out its expectations for expenses related to the rupture of a mining dam at its facility in the town of Brumadinho in January, which released a torrent of mud burying buildings and people. Lawmakers and prosecutors have questioned how the company allowed that disaster to happen only four years after a similar dam containing mining waste collapsed in 2015.

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