November 24, 2017 / 7:52 AM / in 22 days

Australia's Clive Palmer wins court case against China's CITIC

SYDNEY, Nov 24 (Reuters) - Australian businessman Clive Palmer said on Friday the Supreme Court of Western Australia has awarded his company Mineralogy about A$200 million ($152 million) in damages in a dispute with Chinese conglomerate CITIC .

CITIC has been in legal disputes with Mineralogy over royalty payments and land access.

A CITIC spokesman was not immediately available for comment. ($1 = 1.3137 Australian dollars) (Reporting by Swati Pandey; Editing by Christian Schmollinger)

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