The High Court of Justice has ruled that Dead Sea Works, operated by ICL, must pay for brackish water pumped from wells within its mineral concession, determining that this groundwater is not exempt from water fees under previous agreements. Environmental groups estimate the company will owe around 500 million shekels for water extracted since 2017, with payments required until the franchise expires in 2030. The court clarified that water use in the concession area is not covered by the existing royalty regime, meaning Dead Sea Works must pay standard water fees. This decision is seen as a significant precedent for public compensation regarding the use of natural resources.
image sourced from original article at https://www.timesofisrael.com/liveblog_entry/dead-sea-works-ordered-to-pay-millions-for-brackish-well-water-pumped-out-since-2017/Original article source: https://www.timesofisrael.com/liveblog_entry/dead-sea-works-ordered-to-pay-millions-for-brackish-well-water-pumped-out-since-2017/
Source Id: 2025-12-911678546
