Chinese conglomerate CITIC has appealed against a court ruling which delivered a royalties windfall to Clive Palmer in the latest twist in their dispute over Australia's biggest magnetite mine.
CITIC-owned entities had until Monday to appeal against a Supreme Court of Western Australia ruling over a disputed royalties stream from the Sino Iron project about 100 kilometres south-west of Karratha in the Pilbara.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
