First Majestic suspends NAFTA arbitration against Mexico as settlement framework advances

By Public Technologies
  • First Majestic Silver Corp. agreed to temporarily suspend its NAFTA Chapter 11 arbitration against Mexico over a legacy tax dispute tied to its Primero Empresa Minera unit.
  • The tribunal ordered the proceeding paused through Dec. 31, 2026 while the parties work to finalize and implement a settlement framework agreed in principle.
  • The miner expects a settlement by end-2026.
  • The parties can seek an extension into the first quarter of 2027 if needed.
  • If no deal is reached by end-2026, the company plans to ask the tribunal to lift the suspension and restart the arbitration.


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