Of the total figure, 18.5 billion reais have already been disbursed by Vale, according to a statement.
The resources will later be transferred to the State of Minas Gerais and reverted to projects for improvements in urban mobility and the strengthening of public services, such as road paving and hospital renovation.
The dam collapse at Vale’s Córrego do Feijão mining complex killed 270 people in 2019.
($1 = 4.7549 reais)
