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Clive Palmer, federal member for Fairfax, has more than 25 years of experience in the Australian resource industry and is the founder of and has been Chairman of Mineralogy Pty Ltd (Mineralogy) since 1985. He has been Chairman of Queensland Nickel Pty Ltd since July 2009 and is also a director of China First Pty Ltd (China First Coal), China First Iron Ore Pty Ltd (China First Iron Ore), Kingsway Oil Limited, Chinampa Exploration Pty Ltd and Cosmo Developments Pty Ltd. Mr Palmer has also been responsible for the exploration and feasibility studies of numerous iron ore projects in Western Australia since the 1980s. In 2001, he negotiated an agreement with the State of WA on behalf of Mineralogy and its subsidiary companies. In 2002, this agreement was ratified by the WA Parliament as a new act and set out the development conditions for iron ore development and new port in the Pilbara region of WA near Cape Preston. Mr Palmer’s experience in the oil and gas industry includes the successful negotiation of a A$5.0 billion gas supply agreement with North West Shelf Gas Partners including BHP Billiton Petroleum (North West Shelf) Pty Ltd, Chevron Australia Pty Limited, Japan Australia LNG (MIMI) Pty Limited, Shell Development (Australia) Pty Limited, Woodside Energy Limited and BP Developments Australia Pty Limited in 2000.
Mr Palmer has established various business relationships and successfully completed several business transactions with PRC state-owned companies, including the US$3.5 billion CITIC Iron Ore Project which is a large-scale foreign investment by a Chinese state-owned company. In 2010, Mr Palmer successfully executed, on behalf of Mineralogy PTY Ltd, the MCC Placing Agreement with MCC and, on behalf of China First Coal, the EPCM Contract with MCC Overseas. Mr Palmer attended the University of Queensland from 1973 to 1975. He represented Australia at the APEC conference held in Sydney in 2007.
Mr Palmer is the federal leader of the Palmer United Party and the Australian Electoral Commission officially declared Mr Palmer as the federal member for Fairfax on Friday, November 1, 2013.