Brazilian prosecutors file $43bn lawsuit against Samarco, Vale and BHP over dam failure

Brazilian Federal Public Prosecution Service has filed a R$155bn ($43bn) civil lawsuit against mining company Samarco and its owners Vale and BHP Billiton over the tailings dam disaster in November 2015. Rupture of the Fundão tailings dam occurred at the Samarco iron ore operation in Minas Gerais in Brazil, killing at least 17 people and releasing an avalanche of sludge that polluted more than 400 miles of rivers.

BHP Billiton said that it did not receive any formal notice of the claim and remains committed to helping Samarco to restore the environment affected by the burst dam. The 359-page lawsuit demanded that Samarco make an initial deposit of R$7.7bn ($2.18bn) to an independent fund worth R$4.4bn ($1.12bn), which will be used for cleaning up the aftermath. Read more at miming-technology.com

2016-05-05 07:40