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GreenX Metals ( (AU:GRX) ) has shared an update.
GreenX Metals has secured a key legal victory after the Singapore International Commercial Court dismissed in full Poland’s attempt to set aside an Energy Charter Treaty arbitration award, thereby confirming GreenX’s right to compensation under that treaty. The ruling upholds roughly £183 million of an earlier £252 million arbitration award, with additional interest of about £17 million already accrued and compounding until payment, and strengthens GreenX’s position as it defends parallel awards in English courts, potentially improving its financial outlook while underscoring the high bar for governments seeking to overturn international investment arbitration decisions.
More about GreenX Metals
GreenX Metals Limited is a resources company that has pursued international investment treaty claims against the Republic of Poland under the Energy Charter Treaty and the Australia‑Poland Bilateral Investment Treaty, seeking compensation for Poland’s alleged breaches of its obligations to the company. The firm’s current value proposition is closely tied to the enforcement and collection of substantial arbitration awards arising from these disputes.
For detailed information about GRX stock, go to TipRanks’ Stock Analysis page.