Anglo American v. Venezuela Anglo American PLC v. Bolivarian Republic of Venezuela (ICSID Case No. ARB(AF)/14/1)
Venezuela, Bolivarian Republic of
United Kingdom
Rights under nickel-mining concessions owned by Anglo American's local subsidiary (indirect participation of 91.37 per cent), Minera Loma de Níquel C.A.
Claims arising out of the Government's cancellation and non-renewal of nickel-mining concessions owned by claimant's Venezuelan subsidiary, allegedly resulting in the permanent cease of production and mining activities.
Primary: B - Mining and quarrying
7 - Mining of metal ores
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Derains, Y.
Tawil, G. S.
Vinuesa, R. E.
Decided in favour of State
600.00 mln USD
Data not available
Indirect expropriation

Direct expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

National treatment
None - all claims dismissed at the merits stage