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Palmer's $200M royalty windfall

CHINA'S CITIC has been ordered to pay former Queensland politician Clive Palmer's almost A$200 million to settle a long-running royalty dispute over the Sino Iron project in the Pilbara.

Haydn Black
Palmer's $200M royalty windfall

The court ruled that the troubled businessman’s Mineralogy business was owed some $148.4 million on Royalty Component B for all production from the magnetite mine since 2013, which could represent a lifeline...

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