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PhosCo Ltd Engages in Arbitration with Tunisian Mining Services

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PhosCo Ltd Engages in Arbitration with Tunisian Mining Services

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The latest announcement is out from PhosCo Ltd ( (AU:PHO) ).

PhosCo Ltd and its subsidiary Celamin Pty Ltd are currently involved in arbitration with Tunisian Mining Services SARL (TMS) over a dispute lodged with the ICC Secretariat. PhosCo considers the claims against it to be baseless and is seeking to recover A$7.2 million in damages previously awarded but unpaid by TMS since 2017.

More about PhosCo Ltd

PhosCo Ltd operates in the mining industry, focusing on the extraction and production of phosphate resources. The company is involved in international operations and is actively engaged in legal proceedings related to its business interests.

Average Trading Volume: 212,537

Technical Sentiment Signal: Hold

Current Market Cap: A$27.61M

For an in-depth examination of PHO stock, go to TipRanks’ Overview page.

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