Summary

Source: icsid.worldbank.org

Annulment Proceeding

DECISION ON THE RESPONDENT'S REQUEST FOR SUSPENSION OF THE PROCEEDING

PROCEDURAL HISTORY

1. On 16 September 2024, Freeport-McMoRan Inc. (the "Applicant" or "Freeport- McMoRan") filed with the Secretary-General of the International Centre for Settlement of Investment Disputes (the "Centre" or "ICSID") an application (the "Application") for the partial annulment of the Award rendered on 17 May 2024 (the "Award").

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DECISION

51. For the reasons set forth above, the Committee DECIDES as follows:

(1) the proceeding on annulment is suspended pending the outcome of the proceeding on the Request for Interpretation;

(2) the hearing dates scheduled for 5 and 6 May 2026 are vacated;

(3) the question of costs is reserved.

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