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Rinehart defeats Rio in court

The High Court of Australia has ruled Rio Tinto’s Mount Bruce Mining (MBM) must pay royalties from two Western Australia iron ore mines to the Gina Rinehart-controlled Hancock Prospecting and Wright Prospecting.

Rinehart defeats Rio in court Rinehart defeats Rio in court Rinehart defeats Rio in court Rinehart defeats Rio in court Rinehart defeats Rio in court

Gina Rinehart has enjoyed a victory in court

In doing so, the court upheld an earlier ruling by the Supreme Court of New South Wales.

MBM owes Hancock and Wright the royalties under a 1970 agreement in which it agreed to pay 2.