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UPDATE 1-Brazil to sue BHP, Vale for $5 bln in damages for dam burst

Published 28/11/2015, 06:17 am
UPDATE 1-Brazil to sue BHP, Vale for $5 bln in damages for dam burst
BHP
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(Adds proceeds to be used for environmental cleanup, details of disaster)

BRASILIA, Nov 27 (Reuters) - Brazil's federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais ($5.24 billion)in damages caused by the burst of a tailings pond dam, Environment Minister Izabella Teixeira told reporters on Friday.

Samarco is a joint venture between the world's largest mining company, BHP Billiton Ltd BHP.AX BHP.N BLT.L , and the biggest iron ore miner, Vale SA VALE5.SA VALE.N .

The dam burst earlier this month, unleashing 60 million cubic meters of mud and mine waste that devastated a village, killed at least 13 people and polluted a major river.

Teixeira said the suit will be filed on Monday. The proceeds will be used for environmental cleanup in the Rio Doce valley.

($1 = 3.8181 Brazilian reais)

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