http://www.australianmining.com.au/news
In a move long awaited by many, Clive Palmer taken responsibility for his business interests and swooped in to save the day for the Yabulu Refinery.
After months of insisting that both the Queensland and federal governments support his ailing business, which was used to donate millions to his Palmer United political party, Palmer has finally bitten the bullet and fronted $23 million in funding to keep the Yabulu nickel refinery from being closed down.
However, the new conditional fund facility has been introduced through a new company called Queensland Nickel Sales Pty Ltd, which will replace Queensland Nickel as manager of the Yabulu Refinery.