Original article by Mark Ludlow
The Australian Financial Review – Page: 3 : 22-Jan-16
Queensland Nickel administrator FTI Consulting will consider a range of restructuring options for the failed company, which operates the Yabulu refinery. Any restructuring strategy is likely to take several months to develop, but FTI has approached the State Government regarding options such as tax relief or a loan guarantee. Queensland Nickel’s owner, businessman Clive Palmer has indicated that he will not comment further on the collapse before the creditors’ meeting on 29 January 2016.
CORPORATES
QUEENSLAND NICKEL PTY LTD, FTI CONSULTING PTY LTD, AURIZON HOLDINGS LIMITED – ASX AZJ, AUSTRALIAN TAXATION OFFICE, SUNCORP GROUP LIMITED – ASX SUN, BANK OF QUEENSLAND LIMITED – ASX BOQ, QUEENSLAND. DEPT OF STATE DEVELOPMENT, TRADE AND INNOVATION, QUEENSLAND. TREASURY, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, COOLUM RESORT PTY LTD, BHP BILLITON LIMITED – ASX BHP