# BHP and Vale settle $5.28 billion lawsuit over Samarco dam failure

BHP and Vale signed an agreement with Brazilian authorities to settle a R$20 billion ($5.28 billion) civil lawsuit related to the 2015 tailings dam failure at the Samarco iron ore mine in Minas Gerais.

- Type: Closure
- Announced: 2018-12-28
- Where: Minas Gerais, Brazil
- Value: $5.28B
- Status: completed
- Products: iron ore
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BHP](https://endata.com/companies/8229.md)
- [Vale](https://endata.com/companies/14293.md)
- [Samarco](https://endata.com/companies/36409.md)

## Sources

- [mining-technology.com](https://www.mining-technology.com/features/2018-biggest-news-stories-mining-technology-stories/), 2018-12-28: "BHP and Vale signed an agreement with Brazilian authorities to settle the R$20bn ($5.28bn) civil lawsuit related to a tailings dam failure at the Samarco iron ore mine"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.