Clive Palmer banks on Swiss strategy after court throws out $305bn mine compensation claim
NegativeWorld Affairs

Clive Palmer, the Queensland mining magnate, is facing a setback after an international tribunal dismissed his claim of being a 'foreign investor,' leading to a $13 million penalty. This decision not only impacts Palmer's financial standing but also raises questions about foreign investment regulations in Australia. As he plans to challenge the ruling, the outcome could have significant implications for the mining industry and foreign investors looking to enter the Australian market.
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