16:13 28 October 2025
GreenX Metals involved in dispute with Poland over PLN 1.3 bln
Ben Stoikovich, CEO and shareholder of GreenX Metals, says the company will pay a special dividend if it succeeds in collecting the PLN 1.3 billion arbitration award from the Polish government over a denied mining concession. Although GreenX won the case, Poland is attempting to annul the ruling in courts in Singapore and London. Stoikovich argues Poland is unlikely to succeed and wants shareholders, including Polish investors, to benefit from the payout. After negative investment experiences in Poland, the company shifted focus to its Tannenberg copper project in Germany, where newly discovered WWII-era geological documentation—valued at PLN 100 million—significantly accelerates development.
GreenX also has support from global mining leader BHP and sees strong demand for copper due to Europe’s energy transition.
(pb.pl)
