ICL Challenges Government Royalty Plan

Mining Weekly reported that ICL (TLV:ICL) is challenging the Israeli government’s royalties plan.

As quoted in the Mining Weekly report:

ICL, which signed a deal with Israel’s government in June 2012 to double its royalty payments to 10%, said in a statement: “ICL expects this agreement to be … respected both in its word and its spirit. ICL considers such respect an essential part of Israel’s credibility in the global economy.

To view the whole Mining Weekly report, click here.