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Yabulu windfall lands Palmer in court

NEWS of windfall profits for Clive Palmer from the Yabulu nickel refinery, which he bought cheaply from BHP Billiton in 2009, have prompted shareholders of a rejected bidder for the plant to take Palmer all the way to the New South Wales Supreme Court.

MiningNews.Net
Yabulu windfall lands Palmer in court

Palmer's windfall is now the subject of a $A500 million legal application before Justice Michael Ball. In court yesterday, senior counsel James Stevenson said Palmer obtained "extraordinarily valuable...

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