Company Announcements

Update - United Kingdom group action

Source: RNS
RNS Number : 5018I
BHP Group Limited
02 December 2022
 

NEWS RELEASE

 

Release Time

IMMEDIATE

Date

2 December 2022

Release Number

39/22

 

 

Update - United Kingdom group action

BHP Group Limited and BHP Group (UK) Limited (formerly BHP Group Plc) are defendants to a group action claim brought by claimants in the English High Court seeking damages for alleged losses in relation to the Fundão Dam collapse in 2015 (the English Proceedings). The Fundão Dam was owned and operated by Samarco, a non-operated joint venture between BHP Billiton Brasil Ltda (BHP Brasil) (a subsidiary of BHP Group Limited) and Vale S.A. (Vale). Each of BHP Brasil and Vale holds 50 per cent of Samarco.

 

BHP Group Limited and BHP Group (UK) Limited have today filed their defence and a contribution claim against Vale in connection with the English Proceedings. In their defence, BHP Group Limited and BHP Group (UK) Limited deny the claims in their entirety. The contribution claim contends that if the defence of BHP Group Limited and BHP Group (UK) Limited is not successful and they are ordered to pay damages to the claimants in the English Proceedings, Vale should contribute to any amount payable. The contribution claim is a necessary procedural step given that Vale was not included as a defendant to the English Proceedings. The English High Court is expected to hear the contribution claim together with the main English Proceedings.

 

BHP will continue to defend the English Proceedings, which it believes are unnecessary because they duplicate matters already covered by the existing and ongoing work of the Renova Foundation and legal proceedings in Brazil. 

 

BHP Brasil remains committed to continue working with Samarco and Vale to support the local remediation efforts in Brazil through the Renova Foundation. Those efforts have already provided approximately US$2.3 billion in compensation and direct financial aid in relation to the dam failure to 388,000 people to 30 June 2022.

 

 

 

 

 

 

 

 

 

 

 

 

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

 

 

Media Relations

Email: media.relations@bhp.com


Investor Relations

Email: investor.relations@bhp.com




Australia and Asia

Gabrielle Notley

Tel: +61 3 9609 3830 
Mobile: +61 411 071 715

 

Europe, Middle East and Africa

Neil Burrows

Tel: +44 20 7802 7484 
Mobile: +44 7786 661 683

 

Americas

Renata Fernandaz

Mobile: +56 9 8229 5357

 


Australia and Asia

Dinesh Bishop

Mobile: +61 407 033 909

 

 

Europe, Middle East and Africa

James Bell

Tel: +44 2078 027 144
Mobile: +44 7961 636 432

 

Americas

Monica Nettleton

Mobile: +1 (416) 518-6293




BHP Group Limited ABN 49 004 028 077

LEI WZE1WSENV6JSZFK0JC28

Registered in Australia

Registered Office: Level 18, 171 Collins Street

Melbourne Victoria 3000 Australia

Tel +61 1300 55 4757 Fax +61 3 9609 3015


 




BHP Group is headquartered in Australia

Follow us on social media

 


 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCFLFERFFLFIIF