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Clive Palmer's mining royalties dispute against Sino Iron dismissed by Brisbane court
Wednesday, 23 Mar 2016 16:46:20 | Allyson Horn
Mr Palmer's companies have been ordered to pay the legal fees. (AAP: Dave Hunt)
Two companies owned by federal MP Clive Palmer have had a dispute about mining royalties thrown out of the Supreme Court in Brisbane.
Two of Mr Palmer's companies — QNI Metals and QNI Resources — alleged they were owed millions of dollars in royalties by mining company Sino Iron.
The case related to a joint mining venture in the Pilbara in Western Australia.
The two companies also operate Mr Palmer's nickel refinery at Yabulu near Townsville in north Queensland.
Before Queensland Nickel (QNI) went into voluntary administration in January, the company launched the legal action against Sino Iron.
The two companies claimed unpaid royalties caused major losses at the Yabulu plant.
Queensland Nickel Sales (QNS), owned by Mr Palmer, took over as manager of the refinery at Townsville after its former manager QNI went into administration and sacked more than 200 workers.
Another 550 workers at the beleaguered facility have since been made redundant.
Queensland Nickel owes about $100 million to creditors.
Brisbane's Supreme Court found today that Sino Iron had no case to answer and the matter was dismissed.
Mr Palmer's companies have been ordered to pay the legal fees.
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