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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BHP Group Limited | ASX:BHP | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.07 | -0.16% | 42.44 | 42.44 | 42.45 | 42.51 | 42.27 | 42.31 | 4,312,205 | 05:57:00 |
By Ian Walker
BHP Group Ltd. said Friday that it is considering seeking permission to appeal a judgement by the U.K. Court of Appeal that allows a claim by an action group relating to the Samarco dam failure in November 2015.
The case was bought by an action group seeking compensation following the Samarco dam failure on Nov. 5, 2015 which lead to flooding in two nearby villages, killing 19 people.
BHP said it continues to defend itself against the U.K. group action, deeming the action "unnecessary" as the company believes it duplicates matters already covered by the existing and continuing work of the Renova Foundation and legal proceedings in Brazil.
BHP said the foundation has already provided 1.5 billion pounds ($1.8 billion) in compensation and direct aid to more than 376,000 people affected by the dam failure.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
July 08, 2022 06:46 ET (10:46 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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