Clive Palmer's nickel refinery insolvent before entering administration, court rules | ABC News

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Mining billionaire Clive Palmer is claiming victory after a mammoth civial trial over the collapse of his north Queensland nickel refiinery in 2016.

The Supreme Court ruled Mr Palmer won’t have to repay $100 million his flagship company received from Queensland Nickel before its collapse.

But the judge found the refinery was insolvent before administrators were called in.

Kate McKenna reports.

Read more here: https://www.abc.net.au/news/2020-06-03/clive-palmer-and-queensland-nickel-court-ruling/12314878

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