Latest development Mar 25, 2026
GreenX reported that Poland paid A$1.6M in Singapore costs and has appealed the ECT ruling.
The award
- Amount awarded
- About £252M including interest (BIT award) and about £183M including interest (ECT award). Payment under one award is offset against the other.
- Current estimate
- Interest runs at SONIA plus 1%, compounded yearly, until payment. LALIVE put the total across both awards at about $330M including interest (January 2026).
- Award holder
- GreenX Metals Limited (formerly Prairie Mining Limited)
- Respondent
- Republic of Poland
- Forum
- Two parallel UNCITRAL awards · Australia–Poland BIT (challenged in England) and ECT (challenged in Singapore)
Challenges
Poland applied to set aside the BIT award in the courts of England and Wales in late 2024, and that application is pending. The Singapore International Commercial Court dismissed Poland’s application to set aside the ECT award on January 9, 2026. Poland has appealed to the Singapore Court of Appeal, which GreenX expected to hear the appeal in the second half of 2026.
Enforcement
GreenX said in March 2026 that it was preparing to enforce the ECT award. No enforcement action was found.
Recovered to date
None on the awards. Poland paid A$1.6M in Singapore court costs (March 2026).
Notes
No outcome found for the English challenge or the Singapore appeal as of October 2026 (not verified).