07
Aug
09:00
Zamin Ferrous loses Uruguay iron ore mine trial
London-headquartered Zamin Ferrous (ZF) has lost its lawsuit against Uruguay over its failed iron ore mine project investment, Uruguay’s President Luis Lacalle Pou says in a statement monitored by Kallanish. ZF had claimed $3.53 billion from Uruguay.
"The Arbitral Tribunal in the Hague, the Netherlands rejected the claim presented against Uruguay in relation to the Aratirí mining project,” according to the note. “It understands that Z…
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Very good overview of the weekly steel market.
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