Original article by Brad Thompson
The Australian Financial Review – Page: 17 : 2-Aug-18

Clive Palmer has accused CITIC of speaking with a "forked tongue" over its $US12 billion ($16.2 billion) Sino Iron operations in Western Australia. CITIC Pacific CEO Chen Zeng said recently that the future of Sino Iron was at risk because of disputes with Palmer’s private company Mineralogy over royalty payments and access to land; Mineralogy controls the tenements on which Sino Iron is located. Palmer noted CITIC had been making threats to shut down Sino Iron for the last two years, but during that time they had continued to expanded production and paid Mineralogy $500 million in royalties.

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CITIC LIMITED CITIC PACIFIC MINING MANAGEMENT PTY LTD MINERALOGY PTY LTD