Clive Palmer ordered to pay $13m after claim of being ‘foreign investor’ in Australian mining project thrown out

Attorney general says mining magnate is ‘not a foreign investor’ and is ‘not entitled to any benefits under Australia’s free trade and investment agreements’Get our breaking news email, free app or daily news podcastThe Australian mining magnate Clive Palmer has been ordered to pay more than $13m after his claim of being a “foreign investor” was dismissed by an international tribunal after a dispute lasting more than a decade.The intergovernmental permanent court of arbitration rejected Palmer’s claim as it had no jurisdiction over the dispute between a national government and one of its citizens, the attorney general, Michelle Rowland, said on Saturday. Continue reading...

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