Vale—the world’s largest iron-ore mining company and part owner of the Belo Monte Dam—is up to win the Public Eye Award, given annually to the corporation with the most dismal record in the world in terms of social and environmental responsibility.
Vale owns a 9 percent stake in the consortium that is building the Belo Monte Dam in the Brazilian Amazon. If construction continues, Belo Monte will cause the forced displacement of more than 20,000 people, flood 668 sq km of the Amazon rainforest, and dry out 100 kilometers of the “Big Bend” of the Xingu River, with devastating consequences for the indigenous and other traditional communities living in the region.
Vale wants to use electricity from the Belo Monte Dam to power the expansion of its Carajás Mines—the world’s largest iron mines. Vale has a long record of human rights abuses in Brazil and 38 other countries around the world—including Mozambique, Canada, Perú, Indonesia and Argentina.
Help vote for human rights, corporate accountability and the Xingu River. To vote for Vale as the 2011 World’s Worst Corporation, and for more information on the Public Eye Award, click here.
Visit the International Rivers website to learn more about Vale’s involvement in the Belo Monte Dam and its history of social and environmental rights violations across the world.
For more information, click here.