Vale facing fine over workplace safety

Nov 27, 2013 | 09:32 AM |

Tags  Vale, labor affairs court, court fine, safety violations, environmental violations, Felipe Peroni

SÃO PAULO — Vale SA has been fined 18.9 million reais ($8.3 million) by a labor affairs court in Brazil’s Maranhão state for allegedly violating environmental and work safety standards.

The fine corresponds to 0.05 percent of the company’s net profit in 2011, the federal labor prosecution service in Maranhão said Nov. 25.....

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