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ETM’s Kvanefjeld Dispute Moves to Courts Amid Unexpected Costs Ruling

9:40am on Tuesday 10th of March, 2026 AEDT Mining
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ETM’s Kvanefjeld Dispute Moves to Courts Amid Unexpected Costs Ruling

9:40am on Tuesday 10th of March, 2026 AEDT
Key Points
  • Arbitration tribunal ends jurisdictional phase, removing Denmark as a party
  • Key legal questions on exploitation licence referred to Greenlandic and Danish courts
  • Tribunal orders ETM’s subsidiary to pay over EUR 3 million in costs to governments
  • ETM disputes costs award, citing unresolved merits and procedural ambiguity
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