Key facts
- Doe Run Resources agreed to a $150 million settlement.
- The settlement is with 1,373 Peruvian individuals.
- Plaintiffs alleged lead and toxic substance poisoning.
- The poisoning is linked to a Peruvian smelter.
- The settlement was reached in a U.S. court.
- Doe Run Resources is controlled by Renco Group.
- Renco Group is controlled by Ira Rennert.
Doe Run Resources, a company under the control of billionaire Ira Rennert's Renco Group, has reached a $150 million settlement in a U.S. court. The settlement is with 1,373 Peruvian individuals who brought claims of lead and other toxic substance poisoning. These allegations are linked to the operations of a smelter located in Peru. The lawsuit sought to hold the company accountable for the environmental and health consequences experienced by the plaintiffs. This agreement aims to resolve the long-standing legal dispute and provide compensation to those affected by the alleged contamination. The case underscores the significant health and environmental challenges that can arise from industrial operations, particularly in communities located near such facilities. The settlement amount reflects the scale of the alleged harm and the number of individuals involved in the legal action.