Clive Palmer banks on Swiss strategy after court throws out $305bn mine compensation claim

Queensland mining magnate had been ordered to pay $13m after tribunal dismissed claim of being a foreign investor'

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Clive Palmer says he will challenge the decision of an international tribunal to dismiss his claim for $305bn in compensation from the commonwealth government, by appealing to a court in Switzerland.

On Saturday the attorney general, Michelle Rowland, announced that the permanent court of arbitration, in The Hague, the Netherlands, had ruled against the Queensland mining magnate.