Queensland Nickel is a company owned by businessman and former politician Clive Palmer. Queensland Nickel owns and operates the Palmer Nickel and Cobalt Refinery at Yabulu in North Queensland. The refinery was established in July, 1971 and Palmer acquired the refinery in 2009 from British-Australian company BHP Billiton. On 19 January 2016 the company entered into voluntary administration. In April, 2016 the company's creditors voted for liquidation.