BHP Faces Landmark Trial Over Brazil's Environmental Catastrophe

BHP's liability in Brazil's worst environmental disaster is examined in a London High Court trial. The 2015 Mariana dam collapse, jointly owned by BHP, led to a lawsuit involving over 600,000 Brazilians, 46 local governments, and 2,000 businesses seeking compensation that could reach £36 billion.

In a significant legal battle, BHP is under the spotlight as London's High Court begins a trial assessing its accountability for Brazil's worst environmental disaster in 2015. The lawsuit, which could amount to a staggering £36 billion, involves over 600,000 Brazilian individuals, 46 local governments, and approximately 2,000 businesses.

The legal case is centered on the catastrophic collapse of the Mariana dam, operated by BHP and Vale's joint venture Samarco, which released a torrent of toxic waste. This disaster claimed 19 lives, rendered thousands homeless, and caused extensive ecological damage. BHP contests the liability, arguing that the case duplicates ongoing reparations and legal proceedings in Brazil.

The trial, set to last 12 weeks, will scrutinize whether BHP bears responsibility, despite assertions that nearly $8 billion has been paid to those affected. The outcome could set a precedent for corporate accountability in environmental disasters, as negotiations continue for a compensation deal with the Brazilian government.

(With inputs from agencies.)