Clive Palmer says he is on solid legal ground with fresh damages claims totalling about $40 billion against the Commonwealth over his Waratah coal project in Queensland.
The Waratah claims are on top of Mr Palmer seeking almost $US200 billion ($300 billion) in damages from Australia in a case related to stalled iron ore projects and emergency legislation passed by the West Australian government.
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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