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GreenX Wins Key Legal Ruling as Singapore Court Upholds Energy Charter Treaty Award Against Poland

Story Highlights
  • Singapore’s commercial court upheld GreenX Metals’ Energy Charter Treaty award, rejecting Poland’s challenge.
  • The ruling secures GreenX’s claim to over £183 million plus accruing interest, reinforcing its hand in parallel UK proceedings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GreenX Wins Key Legal Ruling as Singapore Court Upholds Energy Charter Treaty Award Against Poland

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An announcement from GreenX Metals ( (AU:GRX) ) is now available.

GreenX Metals has secured a significant legal victory after the Singapore International Commercial Court rejected in full Poland’s bid to set aside an Energy Charter Treaty arbitration award, confirming the company’s right to compensation previously determined by an international tribunal. The decision upholds approximately £183 million of the total £252 million compensation awarded to GreenX under overlapping treaty claims, with about £17 million in additional interest already accrued and interest continuing to compound until Poland makes full payment. The company plans to present the Singapore ruling to the English courts as it contests Poland’s separate attempt to overturn the related bilateral investment treaty award, while noting that the legal threshold for setting aside such arbitral decisions in both Singapore and England is very high, suggesting Poland faces an uphill battle and strengthening GreenX’s position as it seeks enforcement and potential cash inflows for stakeholders.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.85 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

More about GreenX Metals

GreenX Metals Limited is a resources company involved in international energy and commodities projects, with exposure to regulatory and investment treaty frameworks such as the Energy Charter Treaty and the Australia–Poland Bilateral Investment Treaty. Its business and asset base are significantly influenced by cross-border investment protections and arbitration outcomes in jurisdictions where it operates or has invested.

YTD Price Performance: 2.35%

Average Trading Volume: 53,109

Technical Sentiment Signal: Buy

Current Market Cap: A$255.2M

See more data about GRX stock on TipRanks’ Stock Analysis page.

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