 "Base metals")
Indonesia has won a $469 million arbitration case against India’s Metal Ferro and Alloys Ltd (IMFA) after nearly four years of court battles, the country's attorney general Muhammad Prasetyo told a news conference on Monday.
An arbitration court in The Hague, Netherlands, ruled in favour of Indonesia in the case, according to a notification the government received last week, said Prasetyo. IMFA officials were not immediately available for comment.
IMFA filed a claim to the court in 2015, alleging that overlapping mining permits issued by authorities have disrupted its operation in Kalimantan, the Indonesian side of Borneo island.
This is
