🇦🇺 Australia 6d ago · Sarah Martin

Gina Rinehart’s Hancock Prospecting to pay hundreds of millions’ worth of royalties to rival family in ‘half loss half win’

The Guardian Australia
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Gina Rinehart’s Hancock Prospecting to pay hundreds of millions’ worth of royalties to rival family in ‘half loss half win’
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Landmark ruling finds Wright Prospecting successfully made out its contractual claim to 50% of past and future royalties from Hope Downs iron ore projectFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGina Rinehart’s Hancock Prospecting has lost its bid to retain royalties from the mammoth Hope Downs iron ore project and will be forced to pay Wright Prospecting half of its royalties from the project, worth hundreds of millions of d

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