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PhosCo Ltd ( (AU:PHO) ) has shared an announcement.
PhosCo Ltd announced that the ICC arbitration initiated by Tunisian Mining Services SARL concerning Chaketma Phosphates SA has been terminated due to TMS’s breach of ICC rules. This termination highlights ongoing disputes with TMS, which has previously refused to pay damages, impacting PhosCo’s operations and legal strategies.
More about PhosCo Ltd
PhosCo Ltd operates in the mining industry, focusing on phosphate production. The company is involved in projects such as Chaketma Phosphates SA and is actively engaged in legal and operational activities to advance its market position.
Average Trading Volume: 215,317
Technical Sentiment Signal: Buy
Current Market Cap: A$28.93M
For a thorough assessment of PHO stock, go to TipRanks’ Stock Analysis page.