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More questions than answers on Clive Palmer’s $1.5b nickel deal

Summary by Ground News
The nickel, cobalt, and iron in the refinery's tailings dam could be worth as much $10 billion. The demand for nickel and cobalt (the latter is a by-product of nickel) has grown in the past decade. Those minerals are important in the manufacturing of batteries needed for the booming electric vehicle industry and are critical for the high-tech and green energy transition.

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Sydney Morning HeraldSydney Morning Herald
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More questions than answers on Clive Palmer’s $1.5b nickel deal

The Foreign Investment Review Board will want to ascertain the true underlying beneficial owners of the Zero Carbon Investek group before it recommends their deal to buy Clive Palmer’s Queensland nickel refinery.

·Sydney, Australia
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Sydney Morning Herald broke the news in Sydney, Australia on Sunday, January 8, 2023.
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