Ensures the continuity and full completion of the remediation and compensation for damages caused by the collapse of the Fundão dam.
This page will be updated as new information becomes available.
Last update: OCTOBER 25th, 2024
The new BRL 170 billion agreement establishes guidelines for Samarco and the Public Authorities to continue with the conclusion of the process in a full and definitive manner.
Part of the funds will be allocated to the government for actions focused on health, education and environmental sanitation. Another part will be used by Samarco in the cash compensation, resettlement and environmental compensation actions.
The BRL 170 billion agreement was reached between the Federal Government, through the Ministry of the Environment and Climate Change (MMA), Ministry of Mines and Energy (MME), Ministry of Health (MS), Ministry of Agrarian Development and Family Farming (MDA), Ministry of Development and Social Assistance, Family and Fight against Hunger (MDS), Ministry of Fisheries and Aquaculture (MPA), Ministry of Indigenous Peoples (MPI), Ministry of Racial Equality (MIR), Ministry of Transport (MT), Ministry of Cities (MCID), Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA), Chico Mendes Institute for Biodiversity Conservation (ICMBio), National Water and Sanitation Agency (ANA), National Mining Agency (ANM), National Foundation for Indigenous Peoples (FUNAI), National Institute of Social Security (INSS), State of Minas Gerais, State Institute of Forests (IEF), Minas Gerais Water Management Institute (IGAM), State Environmental Foundation (FEAM), State of Espírito Santo, State Institute of Environment and Water Resources (IEMA), Institute for Agricultural and Forestry Defense of Espírito Santo (IDAF), State Water Resources Agency (AGERH), Federal Public Prosecutor’s Office, Public Prosecutor’s Office of Minas Gerais, Public Prosecutor’s Office of Espírito Santo, Public Defender’s Office of the Federal Government, Public Defender’s Office of Minas Gerais and Public Defender’s Office of Espírito Santo (Compliance Inforcement Agencies).
Samarco Mineração S.A. – Under Judicial Reorganization (Compliance Contractor)
Vale S.A. and BHP Billiton Brasil Ltda. (Shareholders).
Renova Foundation (Intervening/Consenting party)
Banco Nacional de Desenvolvimento – BNDES (Intervening/Consenting party of Section II, Chapter IV, of the GENERAL CLAUSES hereof).
Samarco deeply regrets the collapse of the Fundão dam, a milestone that will never be forgotten, and reaffirms its commitment to fully redress the damage caused to thousands of people, communities and the environment.
The company bases its actions on its commitment to remediate and compensate for the damage caused and, above all, on the lessons learned and experiences acquired.
Ensures the continuity and full completion of the remediation and compensation for damages caused by the collapse of the Fundão dam.
invested by September 2024 through the Renova Foundation, in actions distributed across 42
programs with progress to date.
will be transferred to the federal, Minas Gerais and Espírito Santo governments, and respective municipalities adhering to the agreement, to finance the remediation and compensation in line with public policies.
under the responsibility of Samarco for the completion of compensation, resettlement and
environmental actions.
Complete the existing compensation programs implemented by Renova Foundation.
Pay in advance the amount due to the affected parties that have active AFE
(Emergency Financial Aid).
Pay, in a single installment, the amount equivalent to the active Loss of Profit.
Create the Definitive Compensation Program (PID) as a last opportunity for compensation for those who requested registration through the official channels of Fundação Renova on 31-Dec-21 and received a negative response and/or were not included in any of the existing programs or have a legal action filed until October 26th, 2021 that is still ongoing.
The Renegotiation Agreement will provide the conditions for definitive concluding the resettlement process for elligible families in the districts of Novo Bento Rodrigues and Paracat
In the district of Gesteira, definitiveness was achieved with the collective
agreement approved in May 2023 and transfer of BRL 126 million.
Compensatory reforestation of 50 thousand hectares and management of the
impacted area.
Conclusion of rehabilitation of 5 thousand springs, restoration of banks and the
aquatic environment, and sanitation and water quality in the watershed.
Feasibility studies for additional sediment removal from Risoleta Neves Hydropower
Plant (Candonga).
Decommissioning of the S4 dike Rehabilitation Plan for degraded areas for environmental rehabilitation of Bento Antigo.
Creation of indicators to ensure transparency in the fulfillment of goals.
The gradual and planned transfer of the actions carried out by the Renova Foundation to
Samarco will be carried out to conclude the process definitively and fully. During the transition,
contacts related to remediation actions will be maintained with Renova, through the Renova
Foundation Relationship Center: 0800 031 2303
The project supports the reproduction of endangered species and increases the chances of their reintroduction into the wild, contributing to the recovery of the region’s ecosystems. The southeastern curassow and the jacutinga, two threatened birds of the Atlantic Forest that are essential for forest regeneration, have had their conservation strengthened in the Rio Doce Basin. […]
The program will remain open until August 15, 2026, and expands access to BRL 35,000 in individual compensation for eligible individuals and legal entities. The deadline for joining the Permanent Compensation Program (PID) has been extended until August 15, 2026. The measure extends by another 45 days the period for eligible individuals and legal entities […]
Samarco’s program supported 705 community initiatives and generated nearly 4,000 direct jobs across 40 municipalities More than 208,000 people benefited from sports, culture, tourism, and leisure projects in the Rio Doce Basin through the activities of the Edital Doce, which has been concluded by Samarco. In total, the initiative supported 705 community projects across 40 […]
Immediately after Fundão dam collapsed, we focused on reinforcement works of the remaining structures of the dams, in Germano Complex (MG) and revised our emergency action plan. We strengthened our integrated safety system, with the implementation of a robust Monitoring and Inspection Center (CMI), prevention measures, dialogue and drills in communities, in partnership with municipal civil defenses.
All of geotechnical structures are stable and monitored 24/7 through CMI. The Safety Integrated System has around 2,000 state-of-the-art equipment and teams of technicians who perform field inspections.
We believe that active listening is one of the main ways to integrate people, companies and communities. Your voice is a valuable element so that, together, we can do mining differently.
During this transition period, you must maintain contact with the Renova Foundation (in liquidation) relationship center.
SAFETY
LEARNING