Odyssey v. Mexico Odyssey Marine Exploration, Inc. and Exploraciones Oceánicas S. de R.L. de C.V. v. United Mexican States
United States of America
Seabed mining concession for a phosphate deposit in the Pacific Ocean held by Exploraciones Oceánicas S. de R.L. de C.V., a local subsidiary of the claimants.
Claims arising out of the decision by Mexico’s Ministry of the Environment and Natural Resources to deny environmental permits for the claimants’ seabed mining project in the local subsidiary’s concession area, offshore from the coast of Baja California Sur in Mexico. Allegedly, the Ministry’s decision disregarded scientific evidence provided by the claimants in their project development plan and environmental impact assessment.
Primary: B - Mining and quarrying
8 - Other mining and quarrying
None (no administering institution)
Data not available
3540.00 mln USD
Data not available
National treatment

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

Full protection and security, or similar

Indirect expropriation