Clive Palmer, CITIC fight plays into Andrew Forrest and Fortescue's hands
Peter KerResources reporter
The long and messy fight between Clive Palmer and China's biggest conglomerate, CITIC, has few winners, but Andrew "Twiggy" Forrest could yet be one of them.
The "Sino Iron" magnetite project that CITIC built on leases held Mr Palmer's company Mineralogy may soon be forced to close because Mr Palmer refuses to give his permission for an expansion.
Loading...
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles