First Majestic suspends NAFTA arbitration with Mexico to finalize tax settlement by end of 2026

First Majestic Silver Corp. has agreed to temporarily suspend its NAFTA arbitration proceedings against the Mexican government concerning a legacy tax dispute involving its subsidiary, Primero Empresa Minera. The suspension, ordered until December 31, 2026, allows both parties to finalize a settlement framework reached after years of negotiations. If needed, the suspension may be extended into early 2027, but if no agreement is reached, arbitration will resume. This development signals progress in resolving a long-standing tax issue that could impact First Majestic's operations in Mexico.

First Majestic Silver Corp. shares trade at USD 17.10 on Pluang as of Oct 13, 2026, 18:11 WIB, showing a modest 0.65% gain in the last day. The company holds a market capitalization of $8.54 billion, reflecting its significant presence in the basic materials sector. This trading activity occurs while the firm has agreed to suspend its NAFTA arbitration proceedings until the end of 2026.