Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in compensation for a 2015 dam collapse that triggered the country's worst environmental disaster.

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster. President Luiz Inacio Lula da Silva attended the signing of the deal over the November 5, 2015 collapse of a tailings dam at a mine in the southeastern town of Mariana, which triggered a giant mudslide.

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster. President Luiz Inacio Lula da Silva attended the signing of the deal over the November 5, 2015 collapse of a tailings dam at a mine in the southeastern town of Mariana, which triggered a giant mudslide.

The Brazilian government signed a compensation deal with BHP and Vale over the 2015 disaster, which caused multiple deaths and huge environmental damage.

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in compensation for a 2015 dam collapse that triggered the country's worst environmental disaster.

Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst-ever environmental disasters.

SAO PAULO (AP) — Brazil’s federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country’s worst-ever environmental disaster.