https://newsletter.mw.creamermedia.com
System|Environmental|Operations
System|Environmental|Operations
system|environmental|operations

BHP settles Australian Samarco class action for A$110m

9th September 2025

By: Creamer Media Reporter

     

Font size: - +

Diversified major BHP has agreed to pay A$110-million to settle an Australian shareholder class action linked to the 2015 Fundão dam failure at Samarco in Brazil.

The action, launched in 2018, covered investors who bought shares in BHP Group Limited or BHP Group Plc (now BHP Group UK) between August 2012 and November 2015. It alleged shareholders suffered losses following the collapse of the dam, which was operated by Samarco, a joint venture equally owned by BHP Brasil and Vale.

The Fundão disaster killed 19 people, displaced hundreds and caused widespread environmental damage along the Doce river system. Samarco resumed operations in 2020 on a restricted basis and continues to be the subject of legal proceedings and remediation obligations in Brazil.

The settlement, which remains subject to federal court approval, is inclusive of interest and costs. BHP said on Tuesday that there was no admission of liability and that it expected to recover most of the payout through insurance.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 
Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 14 November 2025
Magazine round up | 14 November 2025
14th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.396 0.493s - 413pq - 2rq
Subscribe Now