Court Approval of Samarco Australian Securities Class Action Settlement
The National Tribune
The Federal Court of Australia approved a AU$110 million settlement between BHP and shareholders in a class action related to Samarco.Summary
The Federal Court of Australia has given its approval to the settlement of the Australian securities class action against BHP concerning the Samarco dam disaster. The settlement, initially disclosed on September 9, 2025, requires BHP to pay AU$110 million to the applicants, covering interest and costs, but does not involve any admission of liability. BHP anticipates recovering a significant portion of this settlement amount through its insurance coverage. This concludes the legal proceedings related to this specific shareholder claim.
(Source：The National Tribune)