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BHP ups Samarco funding

BHP Billiton has approved another $US181 million to fund the remediation and compensation programs identified under the framework agreement signed with the Brazilian government.

Noel Dyson
BHP Billiton has approved funding for Samarco remediation works and compensation programs.

BHP Billiton has approved funding for Samarco remediation works and compensation programs.

Remediation and programs under that agreement is being governed and overseen by the Renova Foundation. The $181 million will be offset against the group’s provision of $1.2 billion. In addition a short-term...

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