7 billion and this doesn't even factor in all the other costs
loss off production
impacts on future expansion of the company and their credit rating
impact on trying to source partners, workers and contractors to work with vale in the future
all the billions they will have to pay the families of the dead staff and other members of the public that were hit by the dam collapse
the money they will have to find to pay for damage to infrastructure and the natural disaster side of things towards the environment
like I said a few times on this forum, I think the collateral damage of this event is being hugely underestimated, the impacts will flow on for years and years
there is the class action also
then there are things no one has even thought of yet
unfortunate for vale, but all bodes well for FMG
Iron ore price, page-10675
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