BHP to pay $72.5M to settle Samarco class action over 2015 dam collapse

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Collapse of Fundao mining dam in Mariana

josemoraes/iStock Unreleased via Getty Images

BHP (NYSE:BHP) said Tuesday it agreed to pay A$110M (~US$72.5M) to settle an Australian shareholder class action lawsuit related to the 2015 Fundao tailings dam collapse, with no admission of liability.

The dam failure at the iron ore operation owned

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