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BHP, Vale In Agreement On UK Group Action Proceedings Related To Fundao Dam Failure



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July 12 (Reuters) -BHP Group Ltd BHP.AX:

  • BHP GROUP - ENTERED INTO AN AGREEMENT WITH VALE S.A (VALE) IN RELATION TO GROUP ACTION PROCEEDINGS IN UNITED KINGDOM

  • BHP GROUP - GROUP ACTION PROCEEDINGS IN RESPECT OF FUNDÃO DAM FAILURE IN BRAZIL.

  • BHP GROUP - DOES NOT CONSIDER THAT IT IS LIABLE TO CLAIMANTS IN ENGLISH PROCEEDINGS

  • BHP - BHP BRASIL REMAINS COMMITTED TO CONTINUE SUPPORTING LOCAL REMEDIATION EFFORTS IN BRAZIL THROUGH RENOVA FOUNDATION

  • BHP GROUP - BHP IS NOT A DEFENDANT IN NETHERLANDS PROCEEDINGS

  • BHP GROUP - BHP, BHP BRASIL AND VALE ENTERED INTO AGREEMENT FOR BHP AND VALE TO EACH PAY 50% OF ANY AMOUNTS POTENTIALLY PAYABLE TO CLAIMANTS

  • BHP GROUP - WILL CONTINUE TO DEFEND ENGLISH PROCEEDINGS

Source text for Eikon: ID:nRSL2616Wa

Further company coverage: BHP.AX


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