Gina Rinehart’s Hancock Prospecting has lost the latest round in a bitter legal dispute with Wright Prospecting over billions of dollars in iron ore royalties from mines operated by Rio Tinto.
A court ruling on Wednesday paves the way for a long-waited trial next year over the immense royalties that flow from the Hope Downs mines in Western Australia’s Pilbara region.
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Brad Thompson was a reporter at The Australian Financial Review
