Vale declares force majeure on some contracts after deadly dam burst

A view of the Brazilian mining company Vale SA collapsed, in Brumadinho, Brazil February 1, 2019. REUTERS/Adriano Machado

BRASILIA/SAO PAULO (Reuters) – Brazilian miner Vale SA on Tuesday declared force majeure on some iron ore contracts after a court-ordered halt to a mine responsible for nearly 9 percent of its output following a dam burst which likely killed more than 300 people. The force majeure on some iron ore and pellets sales contracts […]

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