Clive Palmer gets win over Sino Iron

THE full bench of the Western Australian Court of Appeal has largely dismissed Sino Iron’s appeal of how the controversial Royalty B was applied to its shipments of magnetite concentrate from its Cape Preston project in WA’s Pilbara.

Clive Palmer gets win over Sino Iron Clive Palmer gets win over Sino Iron Clive Palmer gets win over Sino Iron Clive Palmer gets win over Sino Iron Clive Palmer gets win over Sino Iron

Clive Palmer has had an important win over Sino Iron.

Under a deal it struck with Clive Palmer's company Mineralogy, Sino Iron, owned by Chinese company CITIC, agreed to two royalty streams: Royalty A and Royalty B.