CITIC takes Clive to court

SINO Iron magnetite project owner CITIC Limited is taking its landlord Clive Palmer to the Federal Court to compel him and his company Mineralogy Pty Ltd to allow it sub-lease more land around its project so it can continue.

CITIC takes Clive to court CITIC takes Clive to court CITIC takes Clive to court CITIC takes Clive to court CITIC takes Clive to court

CPM says it could be forced to close the Sino Iron project.

The CITIC parties, made up of CITIC Limited and its subsidiaries Sino Iron Pty Ltd and Korean Steel Pty Ltd, have attached the Western Australian government to the action too.