Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / World News / BHP Billiton to fight Brazil SC decision
  • World

    BHP Billiton to fight Brazil SC decision

    Gaurav Jeyaraman
    Written by
    Gaurav Jeyaraman
    Mail
    Last updated on Jul 03, 2016, 03:25 pm
    BHP Billiton to fight Brazil SC decision
  • BHP Billiton has said it would fight the Brazilain Supreme Court's decision that suspended a settlement for damages agreed to be paid by the Samrco consortium for November's mining disaster.

    BHP Billiton and Vale, who co-owned the mine agreed to pay $2 billion as settlement for damages.

    Prosecutors said the settlement favoured mining companies and did not account for losses incurred by local municipalities.

  • In this article
    Mining dams burst endangering thousands The worst environmental disaster in Brazil's history What did the dams hold? Vale, BHP fined by Brazil Death toll rises; BHP, Vale accounts frozen Samarco was warned of possible breach Brazil strikes deal over Samarco disaster BHP Billiton to fight Brazil SC decision
  • 5 Nov 2015

    Mining dams burst endangering thousands

    Mining dams burst endangering thousands
    Credits:
  • Two iron-ore retaining dams, Fundao and Santarem, ruptured between the towns of Mariana and Ouro Preto, about 120 kilometers (75 miles) from the state capital of Belo Horizonte.

    The wall of mud hit the village of Bento Rodrigues, with about 600 inhabitants.

    By 22 November, the waste contaminated several rivers and reached the Atlantic ocean, leading authorities to close access to beaches.

  • Information

    The worst environmental disaster in Brazil's history

  • The Samarco disaster is considered to be one of the worst environmental accidents in Brazil's history. More than 230 municipalities faced severe environmental and health risks once the contaminants entered the Rio Doce river.

  • The Dams

    What did the dams hold?

    What did the dams hold?
    Credits:
  • The Fundao and Santarem dams were located in the district of Santa Rita Durao, a municipality of Mariana in Brazil.

    They were controlled by Samarco Mineracao SA, a joint venture between mining giants Vale and BHP Billiton.

    The dams held over 60 million cubic meters of iron waste and by-products of iron ore mining which include toxic substances like mercury, arsenic and lead.

  • 12 Nov 2015

    Vale, BHP fined by Brazil

    Vale, BHP fined by Brazil
  • Vale and BHP Billiton faced preliminary fines of $66 million imposed by the Brazilian government after they were held accountable for the dam burst in southern Brazil.

    President Dilma Rousseff said the country was "committed in the first place to blame those who are responsible."

    The companies could face even higher fines from environmental regulators for water pollution and damage to local areas.

  • 22 Nov 2015

    Death toll rises; BHP, Vale accounts frozen

    Death toll rises; BHP, Vale accounts frozen
  • As the number of confirmed deaths in the Samarco dam disaster rose to 17, the Brazilian government had frozen all financial assets of BHP and Vale in Brazil.

    A federal court has ruled that the potential damages from the disaster could be as high as $5.2 billion.

    The companies' assets were frozen amid concerns that Samarco does not have enough resources to cover damages.

  • 17 Jan 2016

    Samarco was warned of possible breach

    Samarco was warned of possible breach
    Credits:
  • A consultant who worked with Vale and BHP, revealed that Samarco was alerted to "severe" structural problems in one of its dams a year before it collapsed.

    Joaquim Pimenta de Avila said that in September 2014, he inspected a crack in Samarco's Fundao waste-storage facility and alerted concerned authorities.

    Samarco disputed his claim and said it was not warned of any imminent breach.

  • 3 Mar 2016

    Brazil strikes deal over Samarco disaster

    Brazil strikes deal over Samarco disaster
    Credits:
  • The owners of a Brazilian mine that breached a dam, setting off a deadly mudslide, has agreed to pay $1.14 billion in damages.

    Samarco, co-owned by Vale and BHP Billiton, will pay $520 million in 2016 and $320 million each in 2017 and 2018.

    The Brazilian government originally demanded $5 billion to address what is considered to be the country's worst environmental disaster.

  • 03 Jul 2016

    BHP Billiton to fight Brazil SC decision

    BHP Billiton to fight Brazil SC decision
  • BHP Billiton has said it would fight the Brazilain Supreme Court's decision that suspended a settlement for damages agreed to be paid by the Samrco consortium for November's mining disaster.

    BHP Billiton and Vale, who co-owned the mine agreed to pay $2 billion as settlement for damages.

    Prosecutors said the settlement favoured mining companies and did not account for losses incurred by local municipalities.

Latest News
  • UP: 5 killed, over 25 injured in Aligarh bus accident
    UP: 5 killed, over 25 injured in Aligarh bus accident
    India
  • UP: Child Rights body to probe 3-year-old's death outside hospital
    UP: Child Rights body to probe 3-year-old's death outside hospital
    India
  • ICC Test Rankings: India dethrone New Zealand, reclaim top spot
    ICC Test Rankings: India dethrone New Zealand, reclaim top spot
    Sports
  • India vs England: Presenting Ashwin's feats in Test cricket
    India vs England: Presenting Ashwin's feats in Test cricket
    Sports
  • Anurag Kashyap posts message for "haters" after Income Tax raids
    Anurag Kashyap posts message for "haters" after Income Tax raids
    Entertainment
Trending Topics
Coronavirus
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love World news?

Subscribe to stay updated.

World Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Twitter Indian Premier League Samsung Virat Kohli
Rohit Sharma Cricket News YouTube Hollywood News WhatsApp Bollywood News ISRO Yoga Honda Batman
Football News BMW Vaccine Reliance Jio OPPO Food News, Healthy Recipes Royal Challengers Bangalore Toyota Fashion Tips Mercedes
James Anderson Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV Smart TV Marvel Comics Avengers Neha Kakkar Premier League
Big Bang Theory X-Men TATA Royal Enfield
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021