February 26, 2026
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politics

Clive Palmer, Mineralogy beat CITIC legal action as the Chinese group battles to expand Sino Iron project

Iron ore royalties billionaire Clive Palmer has fought off a authorized bid by China’s CITIC to drive the enlargement of its Pilbara mining and processing operations.

Blasting CITIC’s 2017 plan to increase its Sino Iron challenge as “extravagant”, Supreme Court docket choose Kenneth Martin has thrown out quite a lot of functions by the miner to drive Mr Palmer’s flagship firm Mineralogy to assist with extra modest mine continuation plans.

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