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The largest annual installment of the reparation agreement for the breach of the Fundão dam in Mariana (MG) is due on April 30, 2026. Vale and BHP Billiton, owners of Samarco, must deposit R$ 7 billion into the Rio Doce Fund, managed by BNDES, sharing the amount equally.
The payment is part of the Mariana agreement schedule, which foresees R$ 100 billion in new money that the mining companies have committed to deposit into public coffers over 20 years, until 2043. The first installment of R$ 5 billion was paid at the end of 2024, and the second, of R$ 6 billion, in April 2025. The one for 2026 is the largest of the entire agreement.
According to UOL, the total amount of the renegotiation is R$ 170 billion: R$ 100 billion in annual installments for the Union, Minas Gerais, and Espírito Santo; R$ 32 billion in obligations for direct execution by the mining companies (individual compensations, resettlements, and environmental recovery); and R$ 38 billion already disbursed in the nine years since the disaster.
Where does the money go?
Minas Gerais receives the largest share: over R$ 81 billion over the two decades.
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Part of the amount is allocated for the duplication of BR-356, which connects BR-040 to the municipality of Mariana, with an expected investment of R$ 2 billion.
The affected individuals in Mariana have priority, with a specific income transfer program created by the agreement.
The R$ 100 billion will be managed by the Rio Doce Fund and will finance programs for environmental reparation, health, infrastructure, and social compensation in the 49 municipalities affected by the disaster on November 5, 2015, when the breach of the Fundão dam released 40 million cubic meters of mining waste into the Rio Doce, killed 19 people, and caused the largest environmental disaster in Brazil.
The next installment after 2026 will be R$ 5 billion in 2027, and the amounts will range between R$ 4.4 billion and R$ 5.5 billion per year until 2043.
Comment below: do you think R$ 170 billion over 20 years is enough to repair what happened in Mariana?
