Monday , January 25 2021

Losing a billion dollars in the Vale



The financial market accounts for the damage caused by the Vale with the disaster in Brumadinho.

Since the dam's crash date, the miners lost R $ 51 billion in market value, according to the Economatica consultancy.

In addition, the large scale agencies re-evaluated the company's grade.

Fitch, for example, has downgraded the Vale credit note, while Moody's and Standard & Poor's are negative rating.

The more we excavate the causes of events in Brumadinho, the more mud we will discover. See here!

Source link