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Stock impact report

BHP Faces UK Ruling On 2015 Brazil Mine Disaster [Barron's]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Barrons
A dam collapse in 2015 at an iron-ore mine run by a firm co-owned by BHP killed 19 people and unleashed a deluge of thick toxic mud into villages, fields, rainforest, rivers and the ocean. Advertisement - Scroll to Continue The victims first filed the UK legal action in 2018 to demand compensation from BHP -- at the time of the disaster, one of its global headquarters was in Britain. The eventual trial at the High Court in London ran from October 2024 to March this year, and the court has already begun preparing the second phase of the case to determine potential damages and compensation if BHP is found liable. According to the victims' lawyers, BHP was aware that toxic sludge was accumulating at at the facility in Minas Gerais state north of Rio de Janeiro at rates that far exceeded the annual limit. The lawyers said the build-up contributed to the disaster at the mine, which was managed by Samarco, co-owned by BHP and Brazilian miner Vale. Advertisement - Scroll to Cont Show less Read more
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