28 April ARELJ Comment- Investment Treaty Claims by Australian Resource and Energy Companies April 28, 2023 By Sally Parker ARELJ, General, Resources and Energy ARELJ, Investment, Treaty, ForeignInvestment, EnergyResources 0 Nick Gallus and Liam McInerney Principal and Associate, LK Law, Adelaide Investment treaties guarantee certain protections for investors from the other parties to the treaties and entitle the investors to claim compensation before an arbitration tribunal that those protections were not provided. Investment treaties are increasingly used by Australian resource companies – sometimes with stunning success. However, recent changes to the treaties, arbitration rules and jurisprudence may undermine future claims. Member Login Required to Access Article Read More Related Articles What the FIRB? An update on Australia’s foreign investment rules for energy and resources How foreign investment changes may impact the mining and energy sector In early June 2020, the government announced a review of the foreign investment rules, expanding them to apply to all foreign investors in anything deemed a ‘sensitive national security business’. The changes are scheduled to come into effect on 1 January 2021. There are concerns that this will impact foreign investment in the mining and energy sectors, and in particular the critical minerals space. The states boost the energy and resources sector This year will be remembered for the many challenges that it brought to both individuals and industry. As Australia starts to return to some normality, many states are looking to boost industry, increase jobs and innovate for the future. In this article, we look at various state initiatives designed to boost the energy and resources sector. The impact of coronavirus on the energy and resources industry The last few weeks have seen the world face an unprecedented disruption with the novel coronavirus (COVID-19). First reported in China, we’re now seeing many countries shutting down for periods of time to try to contain the spread of the virus. Australia is facing a particularly difficult year given the bushfires that ravaged the country recently. Now with COVID-19 adding to the pain, the energy and resources industry is being impacted in several ways outlined below. ARELJ Recent Development- Electricity Infrastructure Investment ACT 2020 (NSW): Key Provisions and Legal Issues for Project Investors to Consider ARELJ - Comment - New Powers to Disqualify Persons from holding Resource Authorities in Queensland Showing 0 Comment Comments are closed.