October 21, 2020

BHP Brazil Tailings Pond Lawsuit at $6.3bn, Nearing Court Date

BHP Brazil Tailings Pond Lawsuit at $6.3bn, Nearing Court Date

October 21, 2020

The total claim for the 2015 BHP/Vale tailings pond collapse has risen to $6.3bn and is nearing a court date pending several jurisdictional disputes. As a result of heavy rains in the Amazon basin, the Fundao tailings dam collapsed in 2015, with 10.6 trillion gallons of toxic sludge flowing into downstream communities, the Rio Doce river, and ultimately the Atlantic Ocean. The disaster killed 19 and led to a class-action lawsuit of over 200,000 Brazilians. Notably, ECOVAP’s natural enhanced evaporation technology is effective even in humid and rainy environments such as the Amazon. (full story)

Latest News

New Technology Allows Tailing Storage Facility Risk to Be Monitored from Space
December 2024
The United Nations Economic Commission for Europe (UNECE) is collaborating with Value.Space to deploy satellite-based monitoring and risk profiling to lower the risk profile of tailings storage facilities (TSF).
Economics of De Risking World Tailings Storage Facilities at US$0.01/MT
December 2024
Derisking the world's 12,000 tailing storage facilities (“TSF’s) against potential failures would cost an estimated US$22bn, a small cost compared to an estimated US$688bn in potential liabilities.
EcoVAP Highlighted as Innovator for Sustainable Permian Produced Water Management
September 2024
EcoVAP was honored to have its pilot Evaporation Matrix with midstream company Deep Blue presented in the article: “EcoVAP - Aerospace Engineering Meets Produced Water Near Midland Airport" (pages 68-69) in the most recent edition of North America Outlook magazine.
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska