January 26, 2024
BHP Faces Review of $9.7bn Charges Over Brazil Dam Failure
BHP Faces Review of $9.7bn Charges Over Brazil Dam Failure
Five years have passed since the devastating collapse of the Fundão dam in Brazil, yet the repercussions for BHP, one of the joint owners of the Samarco venture with Vale, are far from over. The dam failure unleashed a cataclysmic 39.2 million cubic meters of tailings waste into the Rio Doce Basin, an environmental catastrophe that took the lives of 19 individuals. This week, BHP has been confronted with an interlocutory ruling, a pivotal development in the protracted legal fallout stemming from the calamitous event. BHP has been at the center of a legal maelstrom following the 2015 dam breach,
