BHP and Vale ordered to pay $15bn in damages for 2015 Brazil dam collapse

9 months ago 31

Mining companies and their joint venture Samarco ordered by Brazilian judge to pay AU$14.7bn over disaster that killed 19 people

A Brazilian judge has ruled that mining companies Vale and BHP and their joint venture Samarco must pay 47.6bn reais (AU$14.7 bn) in damages for a 2015 tailings dam burst, according to a legal decision seen by Reuters.

Vale, a Brazilian company, and BHP, an Australian listed company, said in separate statements they were not informed by the judiciary about the decision.

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