Gina Rinehart knew she should share mining tenements, lawyers tells court

As she fights a case brought by heir’s of father’s business partner, court hears Australia’s richest person was told in 1986 that land was not just hers

Australia’s richest person Gina Rinehart was aware that an iron ore-rich tenement from which her company has made billions was jointly owned by another company before she signed a deal with Rio Tinto to mine it, a court has been told.

The heirs of Lang Hancock’s former business partner, Peter Wright, are fighting in the West Australian supreme court for multibillion-dollar stakes in a series of Hope Downs assets he and Rinehart’s late father discovered in the 1950s.

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from The Guardian https://ift.tt/6VgmhGs
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