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Disputes between governments and investors over natural resources have surged to a 10-year high, driven by factors including resource nationalism and competition for critical minerals, according to law firm DLA Piper. In 2025 alone, 32 disputes have been filed with the World Bank's arbitration body, surpassing the total for the previous year, with Latin America experiencing the most cases. Gabriela Alvarez-Avila of DLA Piper noted that as the value of these minerals becomes clearer, "states have felt the need to exert greater control" over their deposits.
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