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AAP
AAP
Business

Palmer offloads Yabulu refinery in Qld

Clive Palmer nickel Queensland
Clive Palmer is selling the Yabulu nickel and cobalt refinery in Townsville. (Darren England/AAP PHOTOS) (AAP)

Queensland businessman Clive Palmer is offloading the Yabulu nickel and cobalt refinery in Townsville for an undisclosed sum.

The transaction revolves around a share purchase deal agreed with Switzerland-based special purpose vehicle Zero Carbon Investek involving Mr Palmer's joint venture shares in QNI Resources Pty Ltd and QNI Metals Pty Ltd.

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