Appeals Court rules over Mineralogy/Queensland Nickel battle

The Queensland Court of Appeal has ordered Clive Palmer’s Mineralogy to repay more than A$102-million in loans to embattled Queensland Nickel.

“This is a great outcome for creditors of Queensland Nickel. After five long years of formal proceedings, we hope today’s decision will put an end to this matter and we can proceed to finalise payments to creditors and finalise a long and complicated liquidation,” said liquidator John Park.