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BHP Reaches Final Agreement In Brazil Dam Failure



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Oct 25 (Reuters) -BHP Group Ltd BHP.AX:

  • SAMARCO - FINAL AGREEMENT WITH PUBLIC AUTHORITIES

  • AGREEMENT VALUED AT R$170 BILLION (US$31.7 BILLION)

  • R$100 BILLION (US$18 BILLION) TO BE PAID OVER 20 YEARS

  • R$32 BILLION (US$5.8 BILLION) IN ADDITIONAL PERFORMANCE OBLIGATIONS

  • BHP BRASIL'S EXPECTED OUTFLOWS UNDER AGREEMENT ALIGN WITH BHP'S FY2024 SAMARCO DAM FAILURE PROVISION OF US$6.5 BILLION

Source text for Eikon: ID:nRSY7399Ja

Further company coverage: BHP.AX


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