Legal action has 'zero' chance of success: Palmer
Ex-worker says his vote to liquidate the company is 'a big F-you to Clive'. Documents revealed Mr Palmer used an email alias to approve Queensland Nickel payments. Palmer: 'Tragedy' is largely the result of the global resources sector. Photo: ABC.>> view originalStruggling steelmaker Arrium to be boosted by new import duties imposed on cheap Chinese steel
Struggling steelmaker Arrium to be boosted by new import duties imposed on cheap Chinese steel Updated April 23, 2016 12:12:58 Import duties will be imposed on "unfairly priced" Chinese steel products by the Federal Government in a bid to help embattled South Australian steelmaker Arrium remain competitive. Key points:Import duties now apply to two types of steel products from ChinaDuties are up to 53 per cent of the export price, and are intended to help ArriumAustral..>> view originalIron ore will not survive at $US70, dashing hopes of budget windfall
The price of iron ore is not sustainable at $US70 a tonne and any benefit to the economy from higher spot prices for Australia's biggest export tend to be offset by the higher value Australian dollar.Iron ore has staged a remarkable run, posting gains in excess of other commodities such as copper and oil. That is because iron ore is the most leveraged to any acceleration of investment in China's economy, and a rush of credit-fuelled growth has interrupted what is widely agreed to be a still int..>> view originalGreens MP sets river on fire in anti-coal seam gas protest
The gas in the Condamine River catches fire.Staff reportersThe Courier-MailA GREENS politician has set the Condamine River in Queensland on fire in a coal seam gas protest.NSW Greens MP Jeremy Buckingham posted a video (see below) of the incident on his Facebook page.Mr Buckingham was on a tinny in the river when sparked the fire with a kitchen lighter.“Holy f***. Unbelievable. A river on fire,” he says in the video. “The most incredible thing I’ve seen. A tragedy in the Murray-Darling Basin.”Mr..>> view original
Friday, April 22, 2016
Legal action has 'zero' chance of success: Palmer and other top stories.
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