Clive Palmer has said there is no doubt he will operate a lucrative new port in Western Australia, following reports the Federal Government was being pushed to revoke his license.

Media reports earlier this week said the Western Australian Government was asking the Federal Government to intervene and strip Mr Palmer's Mineralogy company of the right to operate an iron ore port at Cape Preston near Karratha, on the grounds the company lacked expertise.

Palmer is a difficult man to move once he has picked a position, with a 63-year State lease for the right to operate now secure he says the only injunction the government could make would be on issues of security.

It seems one of the country's biggest big wigs does not intend to budge, saying "We are the operator of the port, but under the Port Security Act they define port operator in terms of someone controlling the security of the port for Australia's benefit and that's a State or Federal government issue... it doesn't deal in any way with the ownership. We have full tenure of the port, we are the holder of the land there, we own all the equipment at the port there and no one is challenging that and the Commonwealth has no jurisdiction in any event."