Israeli Supreme Court Orders ICL Group to Pay Water Fees in Dead Sea Dispute
The Israeli Supreme Court has ruled that ICL Group Ltd. must pay water fees for water extracted from wells in the Dead Sea Concession area, effective from January 1, 2018. This decision overturns a previous exemption by the Water Authority. ICL is now obligated to pay both water fees and royalties. The company is reviewing the implications of this ruling.
ICL Group Ltd. has announced that the Israeli Supreme Court has ruled in favor of petitions requiring the company to pay water fees on water extracted from wells in the Dead Sea Concession area, effective from January 1, 2018. This decision overturns a previous stance by the Water Authority, which, based on a legal opinion from the Israeli Ministry of Justice, had exempted ICL from such fees on the grounds that royalty payments under the Dead Sea Concession Law were sufficient. The Supreme Court’s ruling means ICL is now obligated to pay water fees in addition to royalties for water extraction in the concession area. The company is currently reviewing the implications of this ruling. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICL Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-003996), on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
