Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex. The offer comes as the companies and Brazilian authorities renew negotiations …
LONDON –– Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and financial responsibility in a potential 36 billion pound ($47 billion) lawsuit stemming from Brazil’s worst environmental disaster. Around …
LONDON —Global mining giant BHP Group was on Tuesday accused of trying to “forever put off” the question of liability for a 2015 dam collapse that triggered Brazil’s worst environmental disaster. BHP is facing a 5 billion pound-plus ($6 billion-plus) …
RIO DE JANEIRO — A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian …