BHP Share Price Marching Higher Amid Legal Cost Sharing Agreement With Vale

The BHP Group Ltd share price is marching higher today.

The Motley FoolJul 14 21:46 ET

BHP and Vale Agree on Dam Failure Claims

BHP Group Limited has announced an agreement with Vale S.A to each cover 50% of potential payments related to ongoing legal actions over the 2015 Fundão Dam failure in Brazil, without admitting liability. The company is defending against over 600,000 claimants in the UK and is not a defendant in a similar case in the Netherlands. BHP will withdraw its contribution claim against Vale due to this new agreement, while continuing support for local remediation through the Renova Foundation, which has provided significant compensation and aid.

TipRanksJul 14 18:37 ET

BHP, Vale to Pay 50% of Potential Sums to Claimants in English, Netherlands, Other Proceedings in Brazil

BHP, Vale to Pay 50% of Potential Sums to Claimants in English, Netherlands, Other Proceedings in

Dow JonesJul 12 07:18 ET

BHP Is Not a Defendant in the Netherlands Proceedings

BHP Is Not a Defendant in the Netherlands

Dow JonesJul 12 07:17 ET

BHP: English Proceedings Are Unnecessary Because They Duplicate Matters

BHP: English Proceedings Are Unnecessary Because They Duplicate

Dow JonesJul 12 07:16 ET

BHP: Doesn't Consider That It Is Liable to the Claimants in the English Proceedings

BHP: Doesn't Consider That It Is Liable to the Claimants in the English

Dow JonesJul 12 07:16 ET