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BHP BHP Group Limited

43.21
-2.11 (-4.66%)
26 Apr 2024 - Closed
Delayed by 20 minutes
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
  -2.11 -4.66% 43.21 43.14 43.15 43.75 43.12 43.60 16,891,082 07:10:41

Brazil to File $5.3 Billion Suit Against Samarco, Owners in Dam Collapse

27/11/2015 9:20pm

Dow Jones News


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RIO DE JANEIRO—Brazil's government plans to sue mining giants Vale SA, BHP Billiton Ltd. and their joint venture Samarco Mineraç ã o SA for 20 billion Brazilian reais ($5.3 billion) in response to a catastrophic dam failure earlier this month, officials said on Friday.

The civil suit was expected to be filed Monday, a spokeswoman for the Environment Ministry said. The proceeds are intended to create a fund to help recovery efforts in the Rio Doce, a major river that was contaminated with mud and toxic metals in the wake of the Nov. 5 collapse of Samarco's dam in Minas Gerais state.

Write to Paul Kiernan at paul.kiernan@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

November 27, 2015 16:05 ET (21:05 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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