Funds flowing to former refinery workers says lawyer
Alexander Law principal Sam Iskander said today at least 20 claims totalling about $450,000 had been paid from a $7 million trust account.
Mr Iskander said he expected a further 30 claims would be settled by the end of the week.
In April Mr Palmer, chairman of QNI Resources Limited, announced he would pay unpaid workers’ entitlements while stressing the view that neither he nor his companies should be held responsible for dismissals at the Yabulu refinery outside Townsville in 2016.
QNI Resources is publishing notices in the Townsville media and on the QNI website explaining how workers can forward claims so they can be considered.
Yabulu refinery operator Queensland Nickel went into liquidation in 2016 and efforts to recover money owed by the company continue in court.
The Northern Australia Infrastructure Facility (NAIF) Board has extended its $610 million loan offer for the Kidston Stage 2 pumped storage hydro proj...
Red River Resources says it is continuing to see outstanding results from the ongoing Liontown drilling program.Assay results from the New Queen Lens...