Queensland billionaire mining magnate Clive Palmer has unveiled his plans to build the Titanic II to add to his tourism portfolio. Mr Palmer said his new company Blue Star Line Pty Ltd had commissioned the state-owned Chinese company CSC Jinling Shipyard to build a near replica of the ill-fated Titanic. The cost is unknown. He made the announcement on the same day he revealed his hopes to contest the next federal election in the Queensland seat of Lilley, held by Deputy Prime Minister and Treasurer Wayne Swan.
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