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PhosCo Ends ICC Arbitration, Pursues A$7.5M Damages from TMS

9:24am on Wednesday 1st of October, 2025 AEST Mining
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PhosCo Ends ICC Arbitration, Pursues A$7.5M Damages from TMS

9:24am on Wednesday 1st of October, 2025 AEST
Key Points
  • PhosCo terminates ICC arbitration with TMS Services
  • Arbitration withdrawn due to TMS breach of ICC rules and unpaid fees
  • Dispute centers on Chaketma Mining project in Tunisia
  • PhosCo pursues up to A$7.5 million in damages from TMS
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