M&A

Palmer sells Yabulu nickel refinery

CLIVE Palmer has agreed to sell his Yabulu nickel and cobalt refinery in Townsville to Switzerland's Zero Carbon Investek.

Clive Palmer at Yabulu

Clive Palmer at Yabulu

The terms of the sale were not disclosed, though The Australian reported the deal was worth A$2 billion. Palmer bought the refinery in 2009 from BHP for $1. It has been on care and maintenance since...

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