Vale to pay USD 7 billion for one of the worst ever mine disasters
![Photo: DOUGLAS MAGNO/AFP / AFP](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12740791.ece/ALTERNATES/schema-16_9/doc7edn1ekp56blbataoqr.jpg)
Vale SA reached a settlement agreement with Brazilian authorities for a dam collapse that killed 270 people and led to production cutbacks that stripped the company of the title of world's biggest iron ore producer.
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