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.
Loading...
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
