CRA was retained by counsel to the claimant in an arbitration caused by defective equipment. The claimant had acquired purportedly more efficient equipment that is necessary for downstream processing of extracted lithium. Such equipment was defective, leading to lost profits and out-of-pocket costs beyond the acquisition price. After multiple expert reports, this dispute was settled on favorable terms.
Mining arbitrations in practice: Filing trends, shifting geography, and claimant recovery
Building on CRA’s 2023 study of disputes involving mineral assets, Tiago Duarte-Silva and Swati Kanoria examine over 150 investor-State mining arbitrations...