Vale and Minas fail to reach agreement over Brumadinho, there is a gap of $2.1 bn

Vale and state authorities reduced their gap in negotiations for a possible global deal to repair damage from the Brumadinho disaster to R$11 billion ($2.1 bn) before the talks ended unsuccessfully. Authorities in Minas Gerais had agreed to reduce the amount to be paid by Vale to R$40 billion ($7.5 bn), compared to R$54 billion ($10 bn) previously requested. Vale offered R$29 billion ($5.3 bn), which led to failure in the search for a settlement.

Source: UOL Economia