SMH
·general
·11 hours ago
Supreme Court orders Rinehart to share $1 billion in royalties
A Supreme Court ruled Wednesday that Gina Rinehart's Hancock Prospecting must share more than $1 billion in royalties from Hope Downs mines with Wright Prospecting, led by billionaire Angela Bennett. However, the decision was deemed a “half-win” for both parties as Wright’s claim for ownership was dismissed. The case remains one of Australia’s most protracted legal battles.
Summary by Glance · SMH
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