AsiaPhos v People's Republic of China - Submission of Request for International Arbitration to Chinese Government - 11 August 2020
Country
Year
2020
Summary
The Asiaphos Group has been in discussion with the Chinese Government (since November 2017) for a settlement in relation to the cessation of the mining activities at Mine 1 and Mine 2 because of the Panda Park and the Chinese Government's request to provide undertaking to vacate its mining site in the JiuDingshan Nature Reserve. On 7 August 2020, the Group's lawyers have submitted a Request for Arbitration to the Chinese Government. The Group continues to be open to consider any compensation proposal from the Chinese Government.