BHP 1.74% $44.58 bhp group limited

Brazilian Govt to sue BHP and Vale for 7bn, page-15

  1. 16,935 Posts.
    lightbulb Created with Sketch. 2633
    Am I reading this right?

    Total cost =

    "Samarco has already been fined 250 million reais by Brazil's environmental agency, Ibama"
    +
    "Ibama is planning additional fines against Samarco on top of the 20 billion reais in damages and clean-up charges the government is seeking, Adams said, but he did not specify an amount."
    +
    "Brazil's federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais ($7.2 billion)"
    +
    "Vale and BHP announced earlier on Friday that they would create a fund with Samarco to help in the clean-up of the Rio Doce and its tributaries affected by the disaster. They did not detail the size of the recovery fund."
 
watchlist Created with Sketch. Add BHP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.