Plus   Neg

BHP Plans To Defend Samarco Legal Claim In U.K.

Responding to media reports concerning the group claim in the United Kingdom in relation the Samarco dam failure, BHP (BHP.AX,BLT.L,BBL,BHP) confirmed Wednesday that BHP Group Limited and BHP Group Plc have been served with legal proceedings filed in the Business and Property Courts of Liverpool, England. BHP plans to defend the claim.

BHP is facing a $5 billion or 3.8 billion pounds claim for damages over Samarco dam collapse in Brazil in 2015.

Law firm SPG, which is representing than 200,000 Brazilian claimants, reportedly said the company "knew of the risks" at the Samarco mine.

The Samarco disaster in Brazil, killed 19 people and displaced 700, and is considered the country's worst environmental disaster.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apotex Corp. recalled all lots of type 2 diabetes medication Metformin hydrochloride in the form of oral film-coated tablets for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Groupe Renault plans to cut about 14,600 jobs across the world and lower its production capacity. The plan includes almost 4,600 jobs reduction in France, through voluntary retirement and retraining. Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired the temporary employees in March to meet strong consumer demand amid the lockdown. The job openings were in Amazon's fulfillment centers and its delivery network.
Follow RTT