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BHP GROUP LIMITED - Settlement of Samarco Australian Securities Class Action

Release Date: 09/09/2025 08:15
Code(s): BHG     PDF:  
Wrap Text
Settlement of Samarco Australian Securities Class Action

BHP Group Limited
BHP Group Limited ABN 49 004 028 077
Registered in Australia
Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000
Share code: BHG
ISIN: AU000000BHP4




Exchange release
9 September 2025


Settlement of Samarco Australian Securities Class Action
BHP has reached an agreement to settle the Australian Samarco shareholder class action. The
settlement is subject to approval by the Federal Court of Australia.
The Australian shareholder class action was brought on behalf of shareholders who acquired BHP
shares before the Fundão Dam failure. The class action was filed in the Federal Court of Australia in
2018 on behalf of persons who acquired shares in BHP Group Limited or BHP Group Plc (now BHP
Group (UK) Ltd) during the period 8 August 2012 to 9 November 2015 (the Applicants).
The Fundão Dam was owned and operated by Samarco Mineração S.A. (Samarco), a non-operated
joint venture between BHP Billiton Brasil Ltda (BHP Brasil) (a subsidiary of BHP Group Limited) and
Vale S.A.?Each of BHP Brasil and Vale holds 50 per cent of Samarco.
Under the terms of the settlement agreement, BHP has agreed to pay the Applicants AU$110 million,
inclusive of interests and costs, with no admission of liability. BHP expects to recover the majority of
the settlement amount from its insurers.




Authorised for release by Stefanie Wilkinson, Group General Counsel and Group Company Secretary


Sponsor: J.P. Morgan Equities South Africa Proprietary Limited




BHP Group Limited ABN 49 004 028 077
 Contacts

 Media                                        Investor Relations
 media.relations@bhp.com                      investor.relations@bhp.com


 Australia and Asia                           Australia and Asia
 Gabrielle Notley                             John-Paul Santamaria
 +61 411 071 715                               +61 499 006 018

 Europe, Middle East and Africa               Europe, Middle East and Africa
 Amanda Saunders                              James Bell
 +44 7887 468 926                             +44 7961 636 432

 North America                                Americas
 Megan Hjulfors                               James Bell
 +1 403 605 2314                              +44 7961 636 432

 Latin America
 Renata Fernandez
 +56 9 8229 5357



 BHP Group Limited
 ABN 49 004 028 077
 LEI WZE1WSENV6JSZFK0JC28
 Registered in Australia
 Level 18, 171 Collins Street
 Melbourne
 Victoria 3000 Australia
 Tel: +61 1300 55 4757 Fax: +61 3 9609 3015
 BHP Group is headquartered in Australia


 bhp.com




BHP Group Limited ABN 49 004 028 077

Date: 09-09-2025 08:15:00
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