IRON ORE PROCESSING (MINERALOGY PTY. LTD.) AGREEMENT AMENDMENT BILL 2020Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement • August 25th, 2020
Contract Type FiledAugust 25th, 2020The Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Amendment Bill 2020 seeks to deal with damages claims arising or potentially arising from proposals that were submitted by Mr Clive Palmer, Mineralogy Pty Ltd and International Minerals Pty Ltd pursuant to the terms of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Act 2002. Those proposals were submitted in August 2012 and June 2013 and relate to a project called the Balmoral South iron ore project. The August 2012 proposal was at first rejected, and then later significantly conditioned, by former Premier, Hon Colin Barnett. Those decisions have led to Mr Palmer, Mineralogy and International Minerals now claiming billions of dollars in damages in an arbitration against the state.