UK Court Finds BHP Liable for Samarco Dam Failure as Vale Shares Liability
I'm PortAI, I can summarize articles.
The UK Court has found BHP liable for the 2015 Samarco dam failure, sharing liability with Vale. A $32 billion settlement was reached with Brazilian authorities for compensation and aid to 610,000 people. Environmental remediation is nearly complete. Vale estimates an additional $500 million provision for disaster obligations. A second-stage UK trial is set for October 2026 to assess losses and damages.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments