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Anglo American v. Venezuela Anglo American PLC v. Bolivarian Republic of Venezuela (ICSID Case No. ARB(AF)/14/1)
Nationality of the parties
Venezuela, Bolivarian Republic of
United Kingdom
Summary of matters at issue
Rights under nickel-mining concessions owned by Anglo American's local subsidiary, Minera Loma de Niquel.
Claims arising out of the Government's cancellation and non-renewal of nickel-mining concessions owned by claimant's Venezuelan subsidiary, allegedly resulting in the permanent cease of production and mining activities.
Economic sector and subsector
Primary: B - Mining and quarrying
7 - Mining of metal ores
Arbitral rules and administering institution
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Derains, Y.
Tawil, G. S.
Vinuesa, R. E.
Status/Outcome of original proceedings
Decisions rendered
Amount of compensation
600.00 mln USD
Data not available
IIA breaches alleged/found
Indirect expropriation
Follow-on proceedings
Link to Italaw's case page