US' SEC charges Vale with false claims on dam safety due to Brumadinho

The United States Securities & Exchange Commission (SEC) has decided to charge Brazil-headquartered miner Vale with making allegedly false and misleading claims about the safety of its tailings dams prior to the Brumadinho tragedy in 2019, it announced on Thursday April 28.

Vale responded on the same day in a filing with Brazil’s CVM, the counterpart of the SEC, denying the claims. It promised a “vigorous defense” of the case and reiterated...

Published

Renato Rostás

April 28, 2022

18:33 GMT

São Paulo