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BHP Bhp Group Limited

2,094.00
1.00 (0.05%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Limited LSE:BHP London Ordinary Share AU000000BHP4 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.05% 2,094.00 2,093.00 2,094.00 2,101.00 2,067.00 2,072.00 611,062 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 56.94B 7.9B 1.5575 36.64 106.12B

BHP Group Limited Samarco update - Acquittal of criminal charges

14/11/2024 3:44pm

RNS Regulatory News


RNS Number : 3188M
BHP Group Limited
14 November 2024
 

Exchange release                                                 

14 November 2024

 

Samarco update - Acquittal of criminal charges

BHP notes the recent media commentary regarding a decision by the Lower Federal Court of Ponte Nova, Minas Gerais (Federal Court) in relation to criminal charges filed in connection with the failure of Samarco's Fundão tailings dam on 5 November 2015.

The media commentary reports that the Federal Court has ruled that Samarco Mineração S.A. (Samarco), BHP Billiton Brasil Ltda. (BHP Brasil), Vale S.A. (Vale), and VogBR (Samarco's independent consultant involved in the maintenance of the tailings dam) (together, the Companies) are not liable for criminal offences relating to the failure of Samarco's Fundão tailings dam.  

This decision relates to criminal charges filed by the Federal Prosecutors' Office in Brazil on 20 October 2016 against the Companies and certain individuals affiliated with the Companies (Individuals) in the Federal Court in relation to the failure of Samarco's Fundão dam.

BHP Brasil will consider the decision by the Federal Court once it has been served with the decision to assess implications and any next steps.

The media commentary reports that the Federal Court concluded that the evidence did not support any causal link between the Companies and the failure of the Fundão dam and also found that the Individuals affiliated with Samarco, Vale and VogBr are not liable for criminal offences relating to the dam failure.

On 25 October 2024, BHP announced the US$31.7 billion agreement between the Federal Government of Brazil, the State of Minas Gerais, the State of Espírito Santo, the public prosecutors and public defenders (Public Authorities) and Samarco, BHP Brasil and Vale which settles the Framework Agreement obligations, the Federal Public Prosecution Office civil claim and other claims by the Public Authorities relating to the dam failure (the Agreement). The Agreement delivers a full and final settlement of the Framework Agreement obligations, the Federal Public Prosecution Office civil claim and other claims by the Public Authorities relating to the dam failure and is separate to these criminal proceedings.

As shareholders in Samarco, BHP Brasil and Vale have always been fully committed to supporting the extensive ongoing remediation and compensation efforts in Brazil. BHP Brasil will continue to focus on supporting the long-term recovery of the communities and environment affected by the dam failure.

 

Authorised for release by Stefanie Wilkinson, Group General Counsel and Group Company Secretary.

Contacts

Media

media.relations@bhp.com

Investor Relations

investor.relations@bhp.com

Australia and Asia

Josie Brophy

+61 417 622 839

Australia and Asia

John-Paul Santamaria

 +61 499 006 018

Europe, Middle East and Africa

Gabrielle Notley

+61 411 071 715

Europe, Middle East and Africa

James Bell

+44 7961 636 432

Americas

Renata Fernandez

+56 9 8229 5357

Americas

Monica Nettleton

+1 (416) 518-6293

BHP Group Limited

ABN 49 004 028 077

LEI WZE1WSENV6JSZFK0JC28

Registered in Australia

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

 

bhp.com

 

 

 

 

 

 

 

 

 

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