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Mr Clive Palmer to Expand WA Operations of Mineralogy

Mining News - Published on Tue, 19 Nov 2019

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Mineralogy Chairman Mr Clive Palmer announced that he and his company had expanded its operations in WA entering into a long-term lease of an 1100 sqm commercial property in Perth. Mr Palmer said Mineralogy received vast funds and wealth from WA and is now looking at reinvesting these funds back into the Western Australia. The lease of the office on Level 22 of the Exchange Tower on The Esplanade follows Mineralogy’s September purchase of a AUD 4.6 million Applecross home, which will be used by the company to accommodate visiting executives. Mr Palmer said he had begun recruitment for a prominent WA business person to lead the expanding WA operation with an announcement expected to be made in the coming weeks.

He said the Sino investment was the largest by a Chinese state owned company outside China, showing the importance of WA resources.

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Posted By : Rabi Wangkhem on Tue, 19 Nov 2019
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