The administrators of Clive Palmer’s Queensland Nickel have recommended liquidating the company in a report to creditors.
The company, which previously ran the MP’s Yabulu nickel refinery, owes in excess of $100 million to creditors.
FTI Consulting’s final report was handed down on Tuesday morning, ahead of a vote next week by creditors on whether to place the company into liquidation.
More to come.
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Read the full article at: http://www.abc.net.au/news/2016-04-12/queensland-nickel-administrators-recommend-liquidation/7318586