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BHP, Vale agree to settle one Samarco suit, second delayed
by Staff Writers
Sydney (AFP) June 26, 2018

Mining giants BHP and Vale, co-owners of Samarco, Tuesday reached agreement with Brazilian public authorities to settle a 20 billion real (US$5.3 billion) civil suit over a mine collapse that left 19 people dead.

The companies also established a framework to progress a second 155 billion real claim brought by federal prosecutors in the next two years, Australia's BHP said in a statement.

The settlement relates to clean-up costs and damages after the 2015 tragedy in which an iron ore tailings dam burst and unleashed a tsunami of toxic waste and buried a nearby village in Brazil's Minas Gerais region.

It left 19 people dead in one of the South American nation's worst environmental disasters.

"Under this agreement the companies agreed to establish a fund for clean-up costs and remediation and for compensation of impacts relating to the Fundao tailings dam failure," BHP said, without saying how much money would be in the fund.

It also agreed to more community participation in decisions related to remediation and compensation programmes.

BHP noted that the deal, with prosecutors and the governments of the states of Minas Gerais and Espirito Santo, needs to be ratified by a Brazilian federal court and approved by the federal government.

The second outstanding claim against Samarco, Vale and BHP Brasil, brought by federal prosecutors who were not part of the other agreement, is seeking social, environmental and economic compensation.

"During the two-year period, the parties will work together to design a single process for the renegotiation of the (remediation and compensation) programmes and progress settlement of the BRL155 billion civil claim," BHP said.

Mine operations at the site have yet to be restarted, with BHP previously saying it "will occur only if it is safe, economically viable and has the support of the community".

mp/dm/mtp

VALE


Related Links
Our Polluted World and Cleaning It Up


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FROTH AND BUBBLE
Japan passes anti-plastic law but with no sanctions for polluters
Tokyo (AFP) June 15, 2018
A bill intended to reduce the volume of microplastics dumped into the ocean was approved by Japan's parliament on Friday, but it included no sanctions for failure to comply. The measure, which received unanimous approval in the upper house, seeks to encourage businesses to reduce their use of microplastics, including microbeads - tiny plastic particles used in exfoliating creams and other cosmetic products. But the law contains no details of punishment for those who break it, raising questions ... read more

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