Company News 

BHP inches towards Samarco settlement

BHP inches towards Samarco settlement

Almost three years on from the Samarco disaster, BHP Billiton (BLT) and joint-venture partner Vale have taken a step towards settling civil claims totalling BRL175bn (£34.9bn). This week, the miners, alongside local and Brazilian federal government, agreed to dismiss a BRL20bn claim from the states of Espirito Santo and Minas Gerais, and spend the next two years settling a separate BRL155bn claim.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now