BHP(BHP) - 2023 Q4 - Annual Report

Exchange release 4 September 2023 Court Ratifies Samarco's Judicial Reorganisation Plan The court's ratification of Samarco's Judicial Reorganisation Plan follows support of the plan by a majority of Samarco's financial creditors in July 2023 as required under Brazilian bankruptcy law. BHP provided an update to the Group's provision for the Samarco dam failure in its 2023 Annual Report and BHP considered the funding cap along with Samarco's long-term forecast cash flows, when determining the Samarco Fundão ...