Palmer bids for coal port expansion

Clive Palmer wants to acquire the $3bn T2 expansion of the Abbot Point coal terminal.

Maverick federal MP Clive Palmer has sought permission from the Queensland government to take over one of Aus­tralia’s most controversial and environmentally sensitive port developments.

Waratah Coal, a wholly owned subsidiary of Mr Palmer’s Mineralogy Pty Ltd, wants to acquire the $3 billion T2 expansion of the Abbot Point coal terminal surrendered by BHP in November.

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