SYDNEY Clive Palmers resources bets helped to underpin an empire that ranged from animated dinosaur parks to a political party that held the balance of power in Australias upper house.
Now, the entrepreneurs wealth is being squeezed by the downturn in commodity prices.
On Monday, Mr. Palmer lost control of one of his biggest investments in the metals sector when insolvency specialists took charge of a refinery that processes nickel ore in Australias tropical Queensland state.
Queensland Nickel, which Mr. Palmer had bought years earlier from BHP Billiton Ltd.
, has been …
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