BHP News

BHP, Vale Reach $30 Billion Brazil Settlement for Dam Disaster

BHP Group and Vale SA have signed a 170 billion-real ($29.8 billion) settlement with Brazil over the deadly Mariana dam collapse in 2015 at their iron ore joint venture. The settlement, which includes 38 billion reais, or about $6.7 billion, …

BHP Says Claim It Put Profit Over Safety ‘Unjustified’ in Brazilian Dam Collapse Case

BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil’s worst environmental disaster were “far-fetched and unjustified,” as the miner opened its defense to a mammoth lawsuit at London’s High Court. More than 600,000 Brazilians, …

Dam Disaster Deal Should Curb Lawsuits Against Vale And BHP, Sources Say

An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South …

Miner BHP Potentially Faces $44B Bill in Brazil Dam Case

LONDON –– Mining group BHP Group is potentially facing a 36 billion pound ($44 billion) lawsuit in London over Brazil’s worst environmental disaster after the number of claimants more than tripled to 700,000, their lawyers said on Wednesday. BHP was …

London Judges Reverse Course to Reopen $7B Brazil Dam Lawsuit Against BHP

LONDON — London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants against Anglo-Australian mining giant BHP , reviving a case over a dam rupture behind Brazil’s worst environmental disaster. …

UK Court to Reconsider $6.9B Brazil Dam Lawsuit Against BHP

LONDON — London’s Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed. Judge Nicholas Underhill has agreed …

BHP Labels English Lawsuit Over Brazil Dam Failure Pointless, Wasteful

LONDON — Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil’s worst environmental disaster. Kicking …