Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: BHP Brasil
Current Parent Company: BHP Group
Parent at the Time of the Penalty Announcement: BHP Group
Jurisdiction: Brazil
Region: Latin America
Penalty Currency: U.S. Dollar
Penalty Amount in Original Currency: 15,850,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $15,850,000,000
Year: 2024
Date: October 25, 2024
Agency: Brazilian Court System
Offense Group: environment-related offenses
Offense Category: mining environmental violation
Description: BHP and Vale, co-owners of the Samarco joint venture, agreed to a US$31 billion settlement to resolve litigation brought by communities destroyed by the 2015 Mariana mine-waste dam collapse that killed 19 people and polluted 400 miles of rivers. The total included about $8 billion already paid out by the companies, with the rest to be provided over 20 years. The announcement did not indicate how much each company would pay. Here we assume they are each paying half of the total.
HQ Country of Current Parent: Australia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: mining and minerals
Specific Industry of Current Parent: mining
Source of Data: (click here)
VTG Record ID: VTG24-73257