Canadian mining company initiates UNCITRAL arbitration against Kazakhstan

Client(s) Canadian mining company

Jones Day represents a Canadian mining company in an UNCITRAL arbitration against the Republic of Kazakhstan. The claims arise from a mining operation in Kazakhstan, and seek compensation for breaches of the Agreement between the Government of Canada and the Government of the Union of Soviet Socialist Republics for the Promotion and Reciprocal Protection of Investments entered into force on June 27, 1991. Following confirmation of jurisdiction under the treaty by the English High Court, the parties tried the merits of the claim before a three-arbitrator Tribunal in London in the summer of 2023. An award is now pending.