Kluwer: 2026 Australian Arbitration Week Recap: Exploration to Expropriation: Valuing Mining Projects in International Arbitration

Valuing a mine that has been expropriated before it ever produced anything remains a hotly contested area of international investment arbitration. This issue has particular relevance to Australia: around 35 investor-State cases have been brought by Australian companies, either in their own names or through offshore subsidiaries, many of them in the mining sector, reflecting mining capital and expertise as one of the country's major exports. The challenges of valuing such assets and how experts and tribunals approach it were the focus of Exploration to Expropriation: Valuing Mining Projects in