BHP Group Ltd (AU:BHP) has released an update.
BHP Group Ltd is engaged in ongoing negotiations with Brazilian authorities to settle claims related to the 2015 Samarco dam failure, with a proposed total settlement value of approximately R$170 billion (US$31.7 billion). The settlement aims to compensate affected communities and includes provisions for environmental remediation and socio-economic programs. Final agreement terms are still under discussion and require approvals from relevant parties.
For further insights into AU:BHP stock, check out TipRanks’ Stock Analysis page.
