Brazil-based iron ore mining company Vale has had a R$20bn ($5.7bn) civil lawsuit dismissed that was filed against it, BHP Billiton and Samarco, seeking damages for the Samarco mine disaster caused by a burst dam.
Samarco operates the mine and is a joint venture between Vale and BHP.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe public civil action was filed at Vara Federal of Rio de Janeiro by Sohumana Sociedade Humanitária Nacional (Sohumana) against the three companies in December last year following the bursting of a tailings dam at Samarco’s Germano mine the previous month. At least 17 people are believed to have been killed and 50 people injured as a result of the incident.
The action sought compensation for environmental and proprietary damages resulting from the burst Samarco Fundão taillings dam, near the city of Mariana, Minas Gerais state.
Vale claimed that the judge did not rule on the merits of the civil case.
In March, Samarco, BHP and Vale agreed to pay the Brazilian Government around $6bn in compensation over 15 years to cover damages and repairs. This was approved by a Brazilian judge last month.
The Fundao dam is located close to the Gualaxo do Norte river, and released an estimated 60 million cubic meters of mine waste into the town of Bento Rodrigues and nearby water sources when it burst. The spill was estimated to be the equivalent of 20,000 Olympic swimming pools and reportedly spread 400 miles into rivers and out to the ocean.
Earlier this month, Brazilian Police accused Samarco of cutting safety expenditure before the disaster.
A further $44bn lawsuit has been filed against the companies by federal prosecutors from the states of Minas Gerais and neighbouring Espírito Santo.