Court gives BHP a Samarco extension

A BRAZILIAN court has granted BHP and its Samarco iron ore mine partner Vale more time to negotiate settlements for almost US$55 billion in claims relating to the 2015 mine disaster.

Court gives BHP a Samarco extension Court gives BHP a Samarco extension Court gives BHP a Samarco extension Court gives BHP a Samarco extension Court gives BHP a Samarco extension

BHP and Vale given some Samarco breathing space.

On October 30 the 12th Federal Court of Belo Horizonte approved the extension of the date for negotiation of the settlement agreements to November 16.

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