Vale president temporarily steps down after mine tragedyA firefighter takes part in the search for victims at the Vale plant after the rupture of a tailings dam that killed at least 165 people, with 156 missing. However, it did not immediately confirm how long that interim period would be, or the company's long term plan. Vale, the world's biggest producer of iron ore, owned the dam that collapsed on January 25, washing over the iron ore mine. Most of those buried under its thick mud were mine workers, though some nearby residents were also engulfed. The disaster was the second involving Vale in three years in the same region of Brazil, after a 2015 collapse of another tailings dam at a jointly owned mine that caused what is considered the country's worst-ever environmental catastrophe.

Source: Standard Digital March 03, 2019 08:48 UTC