Businessman Clive Palmer has sold his mothballed Queensland Nickel plant for a reported but unconfirmed sale price of $2 billion.
abc.net.au/news/clive-palmer-offloads-townsville-nickel-refinery/101801840Former federal MP and businessman Clive Palmer has entered a sales agreement for his troubled Queensland Nickel refinery.
A spokesperson for Mr Palmer said the reported sale price of $2 billion was "close to the mark" but wouldn't confirm the value of the sale. In a statement, Mr Palmer said the sale would bring "enormous economic and environmental benefits to the people of North Queensland and wider Australia".Mr Palmer said the refinery had been placed into "care and maintenance" since 2016 and could be back up and running in 18 months' time.
"I think there is some scepticism, once we see the gates open, smoke stack in operation and full employment I think that's when people of Townsville will say, 'This is actually happening,'" he said.
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