Clive Palmer claims Australia's biggest export deal

Mining magnate Clive Palmer says his company has secured Australia's biggest export deal with a $A69.39 billion agreement to sell coal to China.

The Resourcehouse chairman on Saturday said the company's proposed China First coal mine and infrastructure project in central Queensland had reached a 20-year agreement with one of China's largest power companies, China Power International Development, the flagship company of China Power Investment Corporation (CPI).

"This deal with CPI is Australia's biggest ever export contract," Mr Palmer said in a statement.

Click here for more on Australia's biggest export deal.

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