Home / Business / Court rules Hancock Prospecting must pay royalties to former partners

Court rules Hancock Prospecting must pay royalties to former partners

Hancock Prospecting, owned by Australia’s richest person Gina Rinehart, and Rio Tinto must pay what could amount to hundreds of millions of dollars in royalties from iron ore mines ​to her father’s former business partners, a court ruled on Wednesday.

MELBOURNE, April 15 (Reuters) – Hancock Prospecting, owned by Australia’s richest person Gina Rinehart, and Rio Tinto must pay what could amount to hundreds of millions of dollars in royalties from iron ore mines ​to her father’s former business part… [2012 chars]

Source: Reuters | Published: 2026-04-15T08:23:13Z

Credit: Reuters

Tagged: