Billionaire Gina Rinehart Partly Loses Iron Ore Legal Battle
Hancock Prospecting Ltd., the private company of billionaire Gina Rinehart, has partly lost a decade-long legal battle with Wright Prospecting Ltd. over royalties, but will retain ownership of a major...
By Paul-Alain Hunt, Katharine Gemmell · Bloomberg
Hancock Prospecting Ltd., the private company of billionaire Gina Rinehart, has partly lost a decade-long legal battle with Wright Prospecting Ltd. over royalties, but will retain ownership of a major iron ore hub in Australia.