Despite personal claims to be worth near $4 billion, Queensland money magnet and former Federal politician Clive Palmer says he won’t reopen Queensland Nickel’s plant if the company’s liquidators win a submission to freeze $200 million of his assets.

Mr. Palmer recently won a separate legal victory and was award $350 million, but attests that he will be have no choice but to ‘enjoy the fruits’ of that victory if he remains tied up by liquidators.

It is estimated that 2000 jobs in Townsville are on the line should Mr. Palmer not reopen the Queensland Nickel plant.