Nachingwea U.K. Limited (UK), Ntaka Nickel Holdings Limited (UK) and Nachingwea Nickel Limited (Tanzania) v. Tanzania, ICSID Case No. ARB/20/38
Case type:
Applicable arbitration rules:
Investment treaty:
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Economic sector:
Outcome:
Amount of damages:
US $6,704,461
Other remedy:
The Tribunal ruled that the Respondent must pay interest on the awarded sum, cover arbitration costs including $245,420.07 for Tribunal and ICSID fees, and pay the Claimants USD 3,859,161 for their legal costs and expenses.
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