BHP delays 6 billion claim for Platinum
2022.12.13 08:31
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BHP delays 6 billion claim for Platinum
Budrigannews.com – BHP Group, a global mining powerhouse (NYSE:), was accused on Tuesday of attempting to “forever put off” the issue of who was responsible for a dam collapse in 2015 that led to Brazil’s worst environmental disaster.
BHP is confronting a 5 billion pound-in addition to ($6 billion or more) claim brought by 200,000 Brazilians at London’s High Court over the breakdown of the Fundao dam, possessed by the Samarco joint endeavor among BHP and Brazilian iron metal mining organization Vale.
More than 40 million cubic meters of toxic mining waste and mud swept into the Doce river, destroying villages and traveling more than 650 kilometers (400 miles) to the Atlantic Ocean, resulting in the death of 19 people.
BHP, the largest miner in the world by market value, denies responsibility and applied earlier this month to join Vale in the case. “Intents to contest any alleged liability” were the words that Vale used in a statement.
Before the Court of Appeal decided in July that it could proceed, the lawsuit, which was one of the largest in English legal history, was dismissed in 2020. In order to overturn that decision, BHP has applied to the Supreme Court, and its application is currently pending.
Some of the claimants, who include members of the Krenak indigenous tribe, flew to London for the hearing, were represented by lawyers. The claimants include hundreds of businesses, 25 municipal authorities, and BHP.
Alain Choo-Choy added, “The forensic equivalent of death by a thousand cuts” referred to BHP’s approach to the case. The collapse afflicted these victims more than seven years ago. More than four years ago, they began their claim.”
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He argued that BHP was attempting to “forever put off the question of substantive liability for another few years – that would no doubt be very convenient.” He added,
However, BHP argued that a liability trial in early 2024 was “not appropriate or even feasible,” claiming that the lawsuit duplicates Brazilian legal proceedings and reparation and repair programs.
In court documents, BHP’s Charles Gibson stated that the list of current claimants was “chaotic” and that there was “continuing uncertainty” regarding the decision of thousands of individuals to continue their cases.
