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Sundance and Cam Iron v. Cameroon (I), Claimant's Press Release on Final Award, July 26, 2026

26 Jul 2026
Sundance Resources Limited and Cam Iron SA v. Republic of Cameroon, ICC Case No. 26291/AZO
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Claimant's Press Release on Final Award
Document Details:
LISTED PARTICIPANTS
Claimant's Press Release on Final Award
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Claimant's law firm
Respondent's counsel
Respondent's law firm
Other counsel
Claimant's expert
Claimant's expert firm
Respondent's expert
Respondent's expert firm
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
Third-party funder
Entities
Sundance Resources Limited, Cam Iron SA, Burford Capital, Clifford Chance, Cameroon
Country
Print reporter
Document Summary
Claimant's Press Release on Final Award
This summary note is machine-generated. Always consult the original materials.

This document is a press release issued by Sundance Resources Ltd on July 26, 2026, announcing the issuance of a final arbitral award by an International Chamber of Commerce (ICC) tribunal in its dispute against the Republic of Cameroon. The underlying arbitration concerned Cameroon's alleged breaches of its legal obligations regarding the claimants' investments in the Nabeba-Mbalam iron ore deposit.

According to the release, the ICC tribunal determined that Cameroon breached its legal obligations to Sundance and its subsidiary, Cam Iron SA. Furthermore, the tribunal found that the respondent State breached the applicable arbitration agreement by failing to comply with a prior ICC Emergency Order issued in March 2022, which had expressly prohibited Cameroon from issuing the Mbalam permit to any third party.

In its dispositive findings, the tribunal awarded the claimants damages, interest, and costs totaling approximately USD 616 million. The press release notes that the claimants, supported by their legal representatives and third-party funder, intend to pursue enforcement proceedings should Cameroon fail to voluntarily comply with its payment obligations under the award.