IMFA v. Indonesia Indian Metals & Ferro Alloys Ltd v. Republic of Indonesia (PCA Case No. 2015-40)
Investments in PT SRI, a local Indonesian company holding a coal mining concession.
Claims arising out of alleged overlaps between the claimants’ coal mining permits and those of other companies, resulting in conflicting rights to mine coal in the same territory.
Primary: B - Mining and quarrying
5 - Mining of coal and lignite
PCA (Permanent Court of Arbitration)
Kaplan, N.
Spigelman, J.
Sornarajah, M.
Decided in favour of State
99.30 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures

Indirect expropriation

Transfer of funds
None - all claims dismissed at the merits stage