Mr Clive F Palmer is the owner and founder of the Mineralogy Group and associated entities (the Group), a privately owned conglomerate with interests in the automotive, aviation, construction, hospitality and leisure, mining, not-for-profit, oil and gas, real estate and shipping industries.
The Group includes Mineralogy Pty Ltd of which Mr Palmer is the Chairman and owner. Mineralogy is a diversified resources groups which owns one of the worlds largest iron ore deposits (estimated at 160,000,000,000 tonnes of iron ore) in the Pilbara region of Western Australia. China’s CITIC Pacific has acquired from Mineralogy the right to mine up to 2,000,000,000 of iron ore from these deposits and invested over US$6,000,000,000 developing the Sino Iron and Korean Steel projects. The Group is also the owner of a port at Cape Preston (in the Pilbara region, Western Australia) which will facilitate the export of iron ore products the Mineralogy iron ore deposits.
Mr Palmer is also the Chairman of group company Waratah Coal Pty Ltd which owns one of the worlds largest thermal coal deposits (with an exploration coal target of approximately 465,000,000,000 tonnes in the Galilee Basin (Queensland, Australia) and is developing the China First Coal Project, an integrated mine, rail and port project which will produce 40,000,000,000 tonnes per annum of thermal coal. Other coal interests include the wholly owned Styx Coal Project located near Rockhampton (Queensland, Australia), an integrated coal mine, rail and port development project which will produce up to 6,500,000 tonnes of semi-soft coking coal per year. The Group also includes the Queensland Nickel group of companies which own and operate the AU$6,000,000,000 Palmer Nickel and Cobalt refinery in Townsville (Australia) which produces and markets high quality nickel and cobalt. Outside of Australia, the Group holds 100% interests in three highly prospective petroleum prospecting permits located in the Gulf of Papua, Papua New Guinea. As regards shipping, the Group has commissioned the construction of four 64,000 DWT bulk carrier ships and in April 2012, Mr Palmer, Chairman of group company Blue Star Line Pty Ltd announced plans to design and construct a replica of the Titanic, the Titanic II. The Titanic II engineering and design is being commissioned by leading European design firm Deltamarin and is to be constructed at the CSC Jinling Shipyards in China.
Mr Palmers hospitality and leisure interests include luxury resorts and some of the best golf courses on the east coast of Australia including the multi award winning Palmer Coolum Resort at Coolum (Coolum, Australia), Palmer Colonial (Gold Coast, Australia), Palmer Gold Coast (Gold Coast, Australia) and Palmer Sea Reef (Port Douglas, Australia). Mr Palmer is also finalising plans for Australia’s largest privately owned vintage car collection and the world’s largest dinosaur park, both to be located at the Palmer Coolum Resort.
In 2012, Mr Palmer was made an Australian national living treasure by the National Trust and awarded the Entrepreneur of the Decade Award at the Government Media Mining Awards. In 2011, he was awarded the title of a World Fellow by the Duke of Edinburgh Award and was part of the Presidential Circle of the Club de Madrid. Mr Palmer is a sought after speaker around the world having spoken at the JF Kennedy Library Foundation, Club de Madrid Asia Pacific Conference, Page Research Centre, National Press Club, UDIA congress, Australia-Israel Chamber of Commerce, American Chamber of Commerce, JP Morgan China Conference, UBS Forum, Forbes Forum, Bullmans Round Table at Parliament House (Canberra, Australia), Red Shield Appeal Breakfast, Institute of Arbitrators and Mediators, China Business Forum, AusIMM Symposium on Iron Ore Processing, Iron Ore and Steel Congress, Asia Steel Summit, Deakin University (Melbourne, Australia), Bond University (Gold Coast, Australia).
Mr Palmer is currently president of the World Economic Council, joint Secretary General of the World Leadership Alliance, member of the President’s Council of the John F Kennedy Library Foundation and an adjunct professor of management at Bond University (Gold Coast, Australia). He is also the founder and director of the Palmer Care Foundation, a charitable foundation established in Australia which has pledged A$100,000,000 for the advancement of medical research and the support of indigenous communities in Western Australia.