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PhosCo Battles Arbitration Bid Amid $7.2M Unpaid Damages Dispute
12:21pm on Tuesday 10th of June, 2025 AEST
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Mining
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PhosCo Battles Arbitration Bid Amid $7.2M Unpaid Damages Dispute
12:21pm on Tuesday 10th of June, 2025 AEST
Key Points
Tunisian Mining Services initiates ICC arbitration against PhosCo and Celamin
PhosCo denies breach allegations and highlights non-signatory status
Celamin terminated the Chaketma JV due to TMS’s repeated breaches
TMS owes $7.2 million in unpaid arbitration damages since 2017
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