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BSGR: 1, Rio Tinto: 0

Rio Tinto’s assertion its Racketeer Influence and Corrupt Organizations Act (RICO) claim against multiple defendants was defeated because of a technicality is disingenuous and the New York court’s decision was rather the unavoidable outcome of a “pointless claim doomed to fail from the moment it was launched”, according to Beny Steinmetz Group Resources (BSGR), one of the key defendants.

BSGR: 1, Rio Tinto: 0 BSGR: 1, Rio Tinto: 0 BSGR: 1, Rio Tinto: 0 BSGR: 1, Rio Tinto: 0 BSGR: 1, Rio Tinto: 0

The Simandou iron ore project in Guinea is at the centre of a multi-party legal spat

Rio brought the case against BSGR, Beny Steinmetz himself, Vale, former mining minister Mahmoud Thiam, BSGR associate Frederic Cilins, and Mamadie Toure – the fourth and youngest wife of former