News
19 August 2021

Brazil prosecutors seek to force Vale, BHP to pay off Samarco's debt

In:
Metals and Mining
Region:
Americas

Brazilian prosecutors asked a bankruptcy court to compel miners Vale and BHP Group to fully pay off their Samarco joint venture's BRL50.7 billion ($9.47 billion) debt.Samarco filed for bankruptcy protection in April as it struggled to restructure its debt, which it stopped servicing after a dam...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...