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Live Updates  >  Live Update Details

2025-08-01 08:44:42

Brazil sues Vale for illegal mining, demanding 2 billion reais in compensation. The Brazilian Attorney General's Office announced on July 31 local time that it has filed a lawsuit against Vale, demanding 2 billion reais in compensation, because the company may have engaged in illegal mining in Minas Gerais, Brazil, resulting in damage to public property. The announcement stated that the area belongs to the Brazilian federal government and Vale has no right to mine iron ore there.

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