This is not about ARH but Clive is still our largest and controlling shareholder.
Will be plastered all over the papers tomorrow.
Palmer?s Resourcehouse Wins ?Australia?s Largest? Export Deal
Feb. 6 (Bloomberg) -- Resourcehouse Ltd., the iron ore and coal company controlled by Australian billionaire Clive Palmer, said it?s secured Australia?s largest export contract, worth $60 billion.
The company reached a 20-year sales agreement with one of China?s largest power companies, China Power International Development Ltd., the flagship company of China Power Investment Corporation, Resourcehouse said today in an e-mailed statement that cites comments by Palmer.
The deal is for its proposed China First coal mine and infrastructure project in central Queensland state, the company said in the release.
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