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Friday, September 26, 2025

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’

The 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.

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source https://www.theguardian.com/australia-news/2025/sep/27/clive-palmer-ordered-to-pay-13m-after-claim-of-being-foreign-investor-in-australian-mining-project-thrown-out

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