"The more than 15-year-long Western Australian supreme court case pitted the extended families of Rinehart's father and his business partner against each other, while tying up mining company Rio Tinto and a string of others."
"Wright Prospecting launched the case in 2010, claiming it had the right to half of Hancock's royalties on any mines in the Hope Downs tenements."
"The profits went to Rio Tinto and Hancock Prospecting, while Wright Prospecting has since 2012 been jointly owned by Peter Wright's daughter and two granddaughters."
A landmark court case in Western Australia has resulted in Gina Rinehart's company being ordered to pay hundreds of millions to Wright Prospecting. The case, which lasted over 15 years, involved disputes over mining plots and royalty income from the Pilbara region. The conflict originated from claims made by Rinehart's father and his business partner regarding ownership and royalty splits. Wright Prospecting, led by Peter Wright's descendants, claimed rights to half of Hancock's royalties and a stake in profits from the East Angelas tenements.
Read at www.theguardian.com
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