The Guardian Australia – News
·general
·2 days ago
Hancock Prospecting pays Wright Prospecting 50% royalties after court ruling
Gina Rinehart's Hancock Prospecting must pay Wright Prospecting 50% of royalties from the Hope Downs iron ore project, following a Western Australian supreme court ruling on Wednesday. The judgment ends over 15 years of legal disputes over the royalties, worth hundreds of millions of dollars, but denies Wright Prospecting ownership of other Hancock assets.
Summary by Glance · The Guardian Australia – News
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