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Is Vale's CEO the boy who cried wolf?

THE promise of Vale’s CEO Fabio Schvartsman to create a working group to raise the safety standards of the company’s tailings storage facilities (TSF) smacks of being too little too late, given the opportunity the company had to do so three years ago following a similar failure.

Paul Harris
Vale CEO Fabio Schvartsman surveys the damage after the latest tailings dam failure

Vale CEO Fabio Schvartsman surveys the damage after the latest tailings dam failure

With at least 58 dead and 300 missing at its Corrego do Feijao mine in Minas Gerais, Brazil, including hundreds of Vale workers eating in a company canteen directly in the path of the torrent of tailings,...

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