30-year-old memo challenges Wrights’ claim to Rinehart cash
Tom RabeWA political correspondent
The family of mining pioneer Peter Wright has known for decades that it has no claim to the billions of dollars flowing from Hancock Prospecting’s Hope Downs iron ore mines, lawyers claim.
A 30-year-old memo sent from Hancock and Wright Prospecting executives to Mr Wright’s children was aired in the West Australian Supreme Court on Wednesday, outlining a breakdown of assets between the two mining dynasties.
Loading...
Tom Rabe is the WA political correspondent, based in Perth. Connect with Tom on Twitter. Email Tom at tom.rabe@nine.com.au
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles