BHP: cracks in the buy case?

BHP's woes in Brazil have exposed a weakness in the business. Is there still a case to buy?

Two days ago, few investors had heard of Samarco, BHP’s Brazilian iron ore venture with Vale. Now it's making headlines all over the world after a tailings dam at that asset failed, leading to a calamity for workers, locals and the environment.

BHP’s share price has been savaged as a result and some are questioning the sanity of buying the stock. Are they right?


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