New York, May 06, 2016 -- Moody's Investors Service comments that the civil lawsuit against Samarco Mineração S.A. (Caa2/Negative), Vale S.A. (Ba3/Negative), BHP Billiton Brasil Ltda (a fully-owned subsidiary of BHP Billiton Limited, rated A3/Negative) and several public entities in Brazil, claiming BRL 155 billion ($44 billion) for damage remediation and compensatory measures related to the accident with Samarco's dams is credit negative for the mining companies, but has no immediate impact on their ratings, as it is still subject to court decision before it is enforced.
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