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Equatorial Resources Nears Final ICSID Arbitration Award Against Congo

9:08am on Friday 24th of April, 2026 AEST Mining
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Equatorial Resources Nears Final ICSID Arbitration Award Against Congo

9:08am on Friday 24th of April, 2026 AEST
Key Points
  • Final ICSID arbitration submissions filed; award anticipated H1 2027
  • Claimed damages against Congo range from US$395 million to US$1.25 billion plus interest and costs
  • Tribunal ordered Congo to pay A$1.2 million in costs accruing interest
  • Guinea iron ore permits remain in limbo following government cancellations
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