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Questions remain after QNI meeting

Queensland Nickel creditors have mixed feelings at the end of the first meeting with administrators on Friday.

Queensland Nickel creditors leave a meeting in Townsville
Queensland Nickel creditors have mixed feelings at the end of the first meeting with administrators. (AAP)

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Source: AAP


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Sacked workers from Queensland Nickel have left the first creditors' meeting with their entitlements still in doubt.

Administrators FTI Consulting convened the more than three-hour meeting in Townsville on Friday, two weeks after 237 workers were sacked from Clive Palmer's Yabulu refinery.

They hadn't expected to be able to provide detailed financial information until later meetings.

But that's little comfort for Jolene Devow, whose husband Richard was supporting six children and a terminally ill mother before he was sacked.

"A load of mumbo jumbo," Ms Devow told AAP after the meeting.

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"We didn't get any answers, or the answers we wanted anyway."

During the meeting, creditors confirmed the administrators and voted on a representational committee.

Australian Workers Union Queensland Branch secretary Ben Swan told AAP they were also told entitlements costs could reach $65-70 million if the company was to enter liquidation and sack all remaining 550 staff.

He said the administrators made it clear the Queensland government and taxpayers were at risk of footing the bill for environmental clean-ups at the refinery.

"I've been assured that it's (the clean-up cost) substantially more than the $40 million quoted in the media," he said.

Mr Swan says he will again ask the Queensland government to intervene.

"The Queensland government can't turn a blind eye here," he told AAP.

Clive Palmer has said he's not responsible for ensuring retrenched workers get their entitlements.

Another sacked worker, who wanted to be known only as Kalem, told AAP he was happy with how administrators had conducted the meeting.

"It was good for how long they'd had (to look into the books)," the father-of-two said.

"I'm just trying to remain positive."

FTI consulting is holding a media conference to confirm what was said in the meeting.


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