BHP Billiton plc (LON:BLT) and partner Vale have been granted an additional 150 days to reach a settlement over the Samarco dam disaster in Brazil.
Nineteen people died and nearby towns were flooded after a tailings dam at the mine burst in November 2015.
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Federal and State Prosecutors are chasing the mining giants for US$54bn in redress and compensation for the dam failure, which was Brazil’s worst ever environmental disaster.
Shares in BHP rose 0.5% to 1,367p.