Brazilian mining giant Vale has announced that the company has accepted the temporary resignation of its CEO Fábio Schvartsman and three other executives as investigations over the tragic dam collapse in January get underway. More than 300 people are thought to have died from the deadly dam accident.
Prosecutors have advised Vale to dismiss a number of Vale staff at various corporate levels of the huge mining conglomerate.
Vale has appointed Eduardo de Salles Bartolomeo, currently executive director of base metals, as interim CEO.
Last month, Vale temporarily shut down its Malaysia distribution center after a major fire occurred at the site, and the company’s terminal at the Tubarao complex in Espirito Santo was also closed by authorities due to pollution.