Emmerson PLC (LSE:EML) has released its interim results for the first half of 2025, underscoring its ongoing arbitration proceedings with the Moroccan Government regarding the Khemisset Potash Project. The company is seeking damages of $2.2 billion for the loss of the project and has secured $11 million in third-party litigation funding to support the legal process. The arbitration is moving forward, with the tribunal expected to be formally established by October 2025. Emmerson has reaffirmed its determination to pursue its case in full.
About Emmerson PLC
Emmerson PLC, an AIM-listed mining firm, specializes in the development of potash assets. The company is currently entangled in a legal battle with the Moroccan Government following the rejection of an environmental permit for the Khemisset project, which ultimately led to its expropriation.
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