Brazil judge ratifies BHP Samarco cleanup settlement

BHP Billiton said the Brasilia Federal Court of Appeal had ratified a £3.8bn agreement that would see the company and its joint venture partner Vale pay for the cleanup of the Samarco dam disaster that killed 19 people.

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The 15 year deal was signed between the two companies and Brazil government, although Federal prosecutors have expressed dissatisfaction with it, calling the payout “insufficient”. They have filed a separate £30bn civil suit.

A tailings dam burst in November burst at Samarco's Germano iron-ore mine near the town of Mariana in the Minas Gerais state of south-eastern Brazil, devastating a nearby town with mudslides and leaving officials in the remote region scrambling to assess casualties.