
BHP pays $110m to settle Samarco class action
BHP pays $110m to settle Samarco class action BHP (ASX: BHP) has reached an agreement to settle the Australian Samarco shareholder class action filed to the Federal Court in 2018. The class action was launched on behalf of shareholders who acquired BHP shares prior to the 2015 Fundão tailings dam collapse. The dam collapse at the Samarco iron ore project in Brazil killed 19 people and lead to more than $30b worth of damages. The communities of Bento Rodrigues, Paracatu de Baixo and Gesteira were flooded when mine waste from the dam entered the Doce River. Other communities and...











