Cortec Mining v. Kenya Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29)
United Kingdom
Investments in the Kenyan mining sector, including a 21-year mining license for the extraction of rare earths at the Mrima Hill project in the southern part of the country.
Claims arising out of the Government's allegedly unlawful revocation of claimant's mining license, following the discovery of new rare earths deposits by the claimant.
Primary: B - Mining and quarrying
8 - Other mining and quarrying
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Stern, B.
Dharmananda, K.
Binnie, I.
Decided in favour of State
2000.00 mln USD
Data not available
Direct expropriation
None - jurisdiction declined
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
King, B. D. (President)

Bull, C. (Member)

Ufot, D. U. (Member)