Clive Palmer to Buy BHP’s Nickel Mines
Posted on July 4th, 2009 in Stock Trading | No Comments »
Professor Clive Palmer, one of the richest men in Australia has recently declared that he is considering purchasing the nickel assets owned by BHP Billiton (BHP) to strengthen up an expansion program of Yabulu nickel refinery which is located in Queensland. Companies that are owned by Clive Palmer bought the refinery today in an undisclosed price which Professor Palmer claimed to be less than $2 billion.
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