BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2025
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Source: Reuters
Settlement Offer: BHP Group and Vale have proposed a $1.4 billion settlement for a class action lawsuit in the UK related to the 2015 Mariana dam disaster in Brazil, which has led to legal actions from hundreds of thousands of victims.
Legal Context: The settlement includes $800 million for victim compensation and $600 million for legal costs, while BHP is also facing a separate London lawsuit potentially valued at £36 billion ($48.29 billion).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
