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The rating agency S & P Global Ratings has announced that it has placed Vale's ratings, debts and subsidiaries with negative implications after the collapse of Dam 1 from Mina Feijão, in Brumadinho (MG), was produced yesterday. According to the agency, the investment in CreditWatch reflects the unanticipated risks that Vale will face as a result of the dam break-up, which has resulted in several deaths and destruction of territory in the region. .
"Vale's environmental and social responsibilities can be significant, especially if we consider that such an incident has already occurred," said S & P, recalling the dam of 2015 from the Fundão Dam to Mariana (MG), Samarco,
Read also: how the Vale disaster can affect the Ibovespa from Monday
"We believe that Vale is now facing several risks because to repair and compensate for losses can be substantial, and the company would face long and complex studies of environmental entities and regulators that could lead to the suspension of licenses, "they said, suggesting that in addition to the fines, the minor could be sanctioned by the
S & P explains that its evaluation of the events will also consider the opinion of the agency of risk badessment on Vale's capacity operate safely. their mines.
The institution said that he plans to reach a conclusion "as soon as possible. "We can downgrade Vale on several levels, depending on the impact of the accident," he added.
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