SAO PAULO—Brazil’s Samarco Mineração SA expects to pay up to 2 billion reais ($512.5 million) this year to 19,000 families affected by the 2015 mining disaster in the state of Minas Gerais, the foundation created to pay the victims said on Aug. 15.
The first families to receive damages payments will be “the most vulnerable,” said Roberto Waak, president of the foundation.
