Case Details

Corporación Nacional del Cobre de Chile, Exploraciones Mineras Andinas S.A. and Inversiones Copperfield SPA v. Republic of Ecuador (ICSID Case No. ARB/22/3)

Subject of Dispute:

Copper mining concession
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Chile - Ecuador 1993
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Corporación Nacional del Cobre de Chile (Chilean), Exploraciones Mineras Andinas S.A. (Chilean), Inversiones Copperfield SPA (Chilean)
Respondent(s):

Republic of Ecuador (Ecuadorian)
Date Registered:

January 25, 2022
Date of Constitution of Tribunal:

June 22, 2023

Composition of Tribunal

President:

John BEECHEY (British) - Appointed by the Parties
Arbitrators:

José A. MARTINEZ DE HOZ (Argentine, Italian) - Appointed by the Claimant(s)
Zachary DOUGLAS (Australian, Swiss) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Sullivan & Cromwell, New York, NY, U.S.A.
Coronel y Pérez Abogados, Guayaquil, Ecuador, and Quito, Ecuador
Respondent(s):

Procuraduría General del Estado
Status of Proceeding:

Pending
Latest Development:

November 14, 2023 - The proceeding is suspended pursuant to the Tribunal’s decision.

No References Available.

(a) Original Proceeding

Date	Development
January 25, 2022	The Secretary-General registers a request for the institution of arbitration proceedings.
May 26, 2022	Following appointment by the Claimants, José A. Martínez de Hoz (Argentine) accepts his appointment as arbitrator.
June 13, 2022	The proceeding is suspended until August 28, 2022, pursuant to the parties’ agreement.
August 28, 2022	The suspension of the proceeding is extended until November 28, 2022, pursuant to the parties’ agreement.
November 28, 2022	The suspension of the proceeding is extended until December 28, 2022, pursuant to the parties’ agreement.
December 28, 2022	The suspension of the proceeding is extended until January 27, 2023, pursuant to the parties’ agreement.
January 30, 2023	The suspension of the proceeding is extended until February 27, 2023, pursuant to the parties’ agreement.
April 6, 2023	Following appointment by the Respondent, Zachary Douglas (Australian) accepts his appointment as arbitrator.
June 19, 2023	Following appointment by agreement of the parties, John Beechey (British) accepts his appointment as presiding arbitrator.
June 22, 2023	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: John Beechey (British), President, appointed by Agreement of the Parties; José A. Martínez de Hoz (Argentine), appointed by the Claimants; and Zachary Douglas (Australian), appointed by Respondent.
August 14, 2023	The Tribunal holds a first session by videoconference.
November 14, 2023	The proceeding is suspended pursuant to the Tribunal’s decision.