Australia’s richest woman may have just suffered a loss in the courtroom but Gina Rinehart’s numerous legal battles look set to keep on trundling on.
Rinehart’s Hancock Prospecting was ordered by the Supreme Court of Western Australia this week to hand over its stake in Rhodes Ridge iron ore deposit in the Pilbara to Wright Prospecting.
The orders marked an end to a decade-long legal feud over the intentions of former business partners and friends Lang Hancock and Peter Wright.
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Cara Waters is a former SmartCompany editor. Previously, Cara was a senior reporter for the Financial Times’ website and worked for The Sunday Times in London.
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