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RNS Number : 5018I

BHP Group Limited

02 December 2022

NEWS RELEASE

 
Release Time     IMMEDIATE 
Date             2 December 2022 
Release Number   39/22 
 
 

Update - United Kingdom group action

BHP Group Limited and BHP Group (UK) Limited (formerly BHP Group Plc) are defendants to a group action claim brought by claimants in the English High Court seeking damages for alleged losses in relation to the Fundão Dam collapse in 2015 (the English Proceedings). The Fundão Dam was owned and operated by Samarco, a non-operated joint venture between BHP Billiton Brasil Ltda (BHP Brasil) (a subsidiary of BHP Group Limited) and Vale S.A. (Vale). Each of BHP Brasil and Vale holds 50 per cent of Samarco.

BHP Group Limited and BHP Group (UK) Limited have today filed their defence and a contribution claim against Vale in connection with the English Proceedings. In their defence, BHP Group Limited and BHP Group (UK) Limited deny the claims in their entirety. The contribution claim contends that if the defence of BHP Group Limited and BHP Group (UK) Limited is not successful and they are ordered to pay damages to the claimants in the English Proceedings, Vale should contribute to any amount payable. The contribution claim is a necessary procedural step given that Vale was not included as a defendant to the English Proceedings. The English High Court is expected to hear the contribution claim together with the main English Proceedings.

BHP will continue to defend the English Proceedings, which it believes are unnecessary because they duplicate matters already covered by the existing and ongoing work of the Renova Foundation and legal proceedings in Brazil.

BHP Brasil remains committed to continue working with Samarco and Vale to support the local remediation efforts in Brazil through the Renova Foundation. Those efforts have already provided approximately US$2.3 billion in compensation and direct financial aid in relation to the dam failure to 388,000 people to 30 June 2022.

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

 
Media Relations                       Investor Relations 
 Email: media.relations@bhp.com        Email: investor.relations@bhp.com 
 
Australia and Asia                    Australia and Asia 
 Gabrielle Notley                      Dinesh Bishop 
 Tel: +61 3 9609 3830                  Mobile: +61 407 033 909 
 Mobile: +61 411 071 715 
 Europe, Middle East and Africa 
 Neil Burrows                          Europe, Middle East and Africa 
 Tel: +44 20 7802 7484                 James Bell 
 Mobile: +44 7786 661 683              Tel: +44 2078 027 144 
                                       Mobile: +44 7961 636 432 
 Americas 
 Renata Fernandaz                      Americas 
 Mobile: +56 9 8229 5357               Monica Nettleton 
                                       Mobile: +1 (416) 518-6293 
 
BHP Group Limited ABN 49 004 
 028 077 
 LEI WZE1WSENV6JSZFK0JC28 
 Registered in Australia 
 Registered Office: Level 18, 
 171 Collins Street 
 Melbourne Victoria 3000 Australia 
 Tel +61 1300 55 4757 Fax +61 
 3 9609 3015 
 
BHP Group is headquartered in Australia 
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(END) Dow Jones Newswires

December 02, 2022 11:53 ET (16:53 GMT)