Brief: BHP Group Says It Will Appeal Decision And Defend UK Group Action

Vale

14/11/2025 09:42

Nov 14 (Reuters) - BHP Group Ltd BHP.AX:

TO APPEAL DECISION AND DEFEND UK GROUP ACTION

INTENDS TO APPEAL DECISION AND WILL CONTINUE TO DEFEND UK GROUP ACTION

FOUND LIABLE FOR 2015 FUNDÃO DAM FAILURE

EXPECTED CASH OUTFLOWS FOR SAMARCO $2.2 BILLION FY2026, $0.5 BILLION FY2027

EXPECTED CASH OUTFLOWS RELATING TO SAMARCO REMAIN LARGELY ALIGNED WITH US$2.2 BILLION FOR FY2026

NOW ESTIMATES AN AGGREGATE PROVISION OF US$5.5 BILLION AT 31 OCTOBER 2025

BELIEVES UK GROUP ACTION IS DUPLICATIVE OF REMEDIATION & COMPENSATION ALREADY OCCURRED IN BRAZIL OR WHICH IS AVAILABLE UNDER BRAZIL AGREEMENT

Further company coverage: BHP.AX

 ((Reuters.Briefs@thomsonreuters.com;))