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Creditors vote to wind up Queensland Nickel

AS EXPECTED, creditors have voted at a meeting today to put one-time Yabulu nickel refinery operating company Queensland Nickel into liquidation. However, creditors have been warned that any actions against refinery owner Clive Palmer or QNI Metals and QNI Resources managing director Clive Mensink to recover funds may not be pursued at all.

Noel Dyson
Creditors vote to wind up Queensland Nickel

Besides the cost and difficulty of pursuing the Clives for funds, a couple of other complications have arisen during the administration of Queensland Nickel. One is a federal government announcement...

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