Eland Investments Limited vs. Rio Tinto Mining Exploration Limited
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Case Synopsis:
Eland Investments Limited challenged Rio Tinto’s mining claims through international arbitration, citing breaches of a mining concession agreement. TMB played a crucial role in contesting the tribunal’s jurisdiction and advocating for Eland’s rights.
Case Result:
The arbitration tribunal upheld Eland’s claim, ruling that Rio Tinto’s actions were in violation of the agreement. The tribunal dismissed Rio Tinto’s objections to jurisdiction and awarded Eland significant compensation for losses incurred.
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