Industry: Metals & mining
Panama threatened with fresh claim over mine closure
German-Swiss manufacturer Liebherr has threatened Panama with a US$133 million treaty claim over its investments in a shuttered copper mining project that has already spawned several other disputes.
01 July 2024
Armenia faces billion-dollar claim over mining shares
A Cypriot entity has brought a US$1.2 billion ICSID claim against Armenia for allegedly interfering with its rights as a shareholder in the country’s largest mining company.
27 June 2024
ICSID panel splits over Colombian mining royalties
An ICSID tribunal has partly upheld claims by an Australian-owned company in a US$440 million dispute with Colombia over mining royalties, as a dissenting arbitrator complains that an order to indemnify the investor for future damages infringes the state’s sovereignty.
25 June 2024
Canadian miner drops bid to revive ICSID claim against Costa Rica
A Canadian mining company has withdrawn an ICSID annulment application in which it had sought to revive a nearly US$400 million damages claim against Costa Rica over a thwarted gold project.
25 June 2024
Chinese lithium miner takes Mexico to ICSID
A Chinese mining group has filed an ICSID claim against Mexico over its moves to nationalise the lithium industry.
24 June 2024
Indian steelmaker loses ICC claim against Bolivian state entity
An ICC tribunal has rejected an Indian steelmaker’s claim worth around US$100 million against a Bolivian state-owned company over a terminated mining partnership.
20 June 2024
Swiss court rejects challenge based on repeat Schellenberg appointments
The Swiss Federal Supreme Court has rejected a challenge to an ICC award based on an arbitrator’s repeat appointments by Schellenberg Wittmer – observing that the “relatively small circle” of lawyers specialising in international arbitration means such contacts on their own don’t suggest bias.
13 June 2024
Panel in Peru mining tax dispute splits over stability agreement
A newly published ICSID award that dismissed a US$1 billion claim against Peru over mining taxes reveals the tribunal was split over the scope of a 1990s stability agreement.
13 June 2024
Canadian mining company to launch treaty claim against Mexico
A Vancouver-based mining company says it will file a US$200 million claim against Mexico – set to be the first known arbitration brought under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
11 June 2024
Colombia wins another ICSID case over high-altitude mining
A tribunal has rejected a Canadian investor’s US$180 million claim against Colombia over a ban on mining operations in high-altitude wetlands – one of three ICSID cases over the same environmental measures.
10 June 2024