BHP News: Brazil orders Vale, BHP and Samarco to pay $9.7 billion in damages for dam disaster - 26th Jan 2024, 6:30am

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SAO PAULO (Reuters) -A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6 billion reais ($9.67 billion) in damages for a 2015 tailings dam burst, according to a legal decision on Thursday seen by Reuters.

Vale and BHP said in separate statements they were not informed by the judiciary about the decision. Samarco declined to comment.

The dam collapse in the southeastern city of Mariana caused a giant mudslide that killed 19 people and severely p...

>>> Read more: Brazil orders Vale, BHP and Samarco to pay $9.7 billion in damages for dam disaster
 
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