(Adds context on Samarco, new incident, share movement)
Jan 29 (Reuters) - Global miner BHP Group (BHP) said on Tuesday that no agreement has been reached on restructuring the financial obligations of Samarco, its joint venture with Brazil's Vale SA VALE3.SA , following a 2015 mine disaster.
BHP said in a statement that Samarco's operations will only restart if it is safe, economically viable and has the support of the community and regulators.
The statement comes after a second deadly dam burst in Brazil on Friday at a mine owned solely by Vale.
The Brazilian prosecutor running talks to settle a lawsuit over the Samarco accident told Reuters that the new dam burst could scramble negotiations and change how his task force handles the 155 billion reais ($41 billion) case against Samarco.
The case is currently suspended amid negotiations for a potential settlement
Vale lost about 71.34 billion reais ($18.96 billion) in market value on Monday.
BHP shares rose about 2 percent on Tuesday after a long weekend following a surge in iron ore prices on Monday, while the broader Australian market (xjo) fell about 0.4 percent.
($1 = 3.7614 reais)
- Forums
- ASX - By Stock
- News: BHP UPDATE 1-Australia's BHP Group says no agreement reached on Samarco debt
(Adds context on Samarco, new incident, share movement) Jan 29...
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$40.36 |
Change
0.290(0.72%) |
Mkt cap ! $203.9B |
Open | High | Low | Value | Volume |
$40.02 | $40.61 | $39.93 | $213.6M | 5.291M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 46059 | $40.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.37 | 15988 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75 | 38.200 |
1 | 2481 | 38.190 |
1 | 7416 | 38.170 |
1 | 38887 | 38.160 |
Price($) | Vol. | No. |
---|---|---|
38.250 | 46736 | 17 |
38.260 | 73656 | 4 |
38.270 | 50751 | 4 |
38.280 | 8616 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |