Emmerson (GB:EML) has released an update.
Emmerson PLC has initiated a formal dispute with the Moroccan government over alleged breaches of an investment agreement, seeking an amicable resolution or potential arbitration for compensation. The company remains committed to its Khemisset Potash Project in Morocco, which is poised to become a significant asset in the global fertilizer market. Emmerson aims to produce environmentally sustainable potash, tapping into the growing demand for fertilizers driven by global population growth.
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