Clive Palmer’s Queensland Nickel has gone into voluntary administration, company directors have announced.
FTI Consulting has been appointed to manage the company’s operations as voluntary administrators, effective immediately.
On Friday, the self-proclaimed billionaire federal MP’s refinery sacked 237 workers, citing low nickel prices and the Queensland Government’s refusal to guarantee a $35 million loan.
But today Queensland Nickel said it had decid…
Read the full article at: http://www.abc.net.au/news/2016-01-18/qld-nickel-goes-into-voluntary-administration/7094818