ICL Europe v. Ethiopia ICL Europe Coöperatief U.A. v. Ethiopia (PCA Case No. 2017-26)
Investments in a potash mining project through indirect subsidiary Allana Potash Afar Plc (“Allana Potash”), which held mining concessions for the Danakil mine in Ethiopia’s Afar region.
Claims arising out of the State’s imposition of an allegedly illegal tax assessment on the claimant’s indirect subsidiary, Allana Potash, and failure to provide infrastructure support for a large-scale potash mining project in northern Ethiopia.
Primary: B - Mining and quarrying
8 - Other mining and quarrying
PCA (Permanent Court of Arbitration)
Donoghue, J. E.
Caron, D. D. (replaced)
Murphy, S. D.
Smit, R. H.
Decided in favour of State
Award dated 9 July 2021
200.00 mln USD
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
None - all claims dismissed at the merits stage