Latest development Sep 29, 2026
AVZ said the suspended ICC case against Cominière has resumed, with merits submissions from October 2026 to April 2027 and a hearing set for May 24 to 28, 2027.
The award
- Amount awarded
- €39M: a partial award liquidating a penalty that, the tribunal found, accrued while Cominière did not comply with emergency arbitrator orders
- Award holder
- AVZ International Pty Ltd (subsidiary of AVZ Minerals, Australia)
- Respondent
- La Congolaise d’Exploitation Minière (Cominière), DRC state-owned mining company
- Forum
- ICC · Dathcom joint venture agreement (January 27, 2017) · seat not verified
Challenges
None reported.
Enforcement
None reported.
Recovered to date
None reported
Notes
Partial award in a pending case, announced by AVZ on March 14, 2025 (exact award date not verified). Payment not verified. AVZ says its preferred outcome is a negotiated settlement involving the sale of its Manono interest.