Court Approval of Australian Class Action

Summary by AI BETAClose X

The Federal Court of Australia has approved the settlement of the Samarco shareholder class action, with BHP Group Limited agreeing to pay AU$110 million, inclusive of interest and costs, without admitting liability. BHP anticipates recovering the majority of this settlement amount from its insurers.

Disclaimer*

BHP Group Limited
05 December 2025
 

Exchange release                                                 

5 December 2025

 

Court Approval of Samarco Australian Securities Class Action Settlement

Today, the Federal Court of Australia approved the settlement of the Australian Samarco shareholder class action, that was previously disclosed on 9 September 2025.    

Under the terms of settlement, BHP has agreed to pay the Applicants AU$110 million, inclusive of interest 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.

 

 

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+61 411 071 715

 

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John-Paul Santamaria

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Amanda Saunders

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+1 403 605 2314

 

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James Bell

+44 7961 636 432

BHP Group Limited

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LEI WZE1WSENV6JSZFK0JC28

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Victoria 3000 Australia

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