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Professor Palmer has over 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. Professor 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 Western Australia on behalf of Mineralogy and its subsidiary companies. In 2002, this agreement was ratified by the Western Australian Parliament as a new act and set out the development conditions for iron ore development and new port in the Pilbara region of Western Australia near Cape Preston. Professor 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.
Professor 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, Professor 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. Professor Palmer attended the University of Queensland from 1973 to 1975. He represented Australia at the APEC conference held in Sydney in 2007. Professor Palmer is an Adjunct Professor of the Faculty of Business and Law at Deakin University in Melbourne, Australia with an appointment running from 2009 to 2011, and had a previous appointment from 2002 to 2006.