Since 2018, Prairie Mining has maintained that actions committed by the Polish government deprived the company of the value of its investment in the Jan Karski and Debiensko mines.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
Since 2018, Prairie Mining has maintained that actions committed by the Polish government deprived the company of the value of its investment in the Jan Karski and Debiensko mines.
Mining News details that the mining company’s case is funded by Litigation Capital Management, an Australia-based, UK-listed funder. The case will be heard under the United Nations Commission on International Trade Law Rules.
The claim for losses could reach AUD $1.5 billion. The investment made in the two mines costs an estimated AUD $1.3 billion to develop.
