Canadian mining company First Quantum Minerals is embroiled in a legal battle with the Panamanian government over the closure order of its Cobre Panama mine. The company is seeking a staggering $20 billion in damages as a result of the mine's closure.
The dispute stems from the Panamanian government's decision to shut down the Cobre Panama mine due to alleged environmental violations. First Quantum Minerals has vehemently denied these allegations and argues that the closure order is unjust and unwarranted.