Roy Hill boosts Rinehart war chest by $2.1b amid lithium spree
The billionaire businesswoman and her executives are also considering the longer-term as the Pilbara iron ore mine’s life slowly comes to an end.
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The billionaire businesswoman and her executives are also considering the longer-term as the Pilbara iron ore mine’s life slowly comes to an end.
An 18-year-old diary entry from a former Wright Prospecting executive has cast doubt over a billionaire family’s claim to ownership and lucrative royalties flowing from one of Gina Rinehart’s Pilbara mines.
Diary entries unearthed in court during a high-stakes legal stoush have laid bare Wright Prospecting’s frantic effort to determine whether it had been swindled in Gina Rinehart’s joint venture deal with Rio Tinto.
Huddled around the board table in the days before joining forces to develop Hope Downs, Rio Tinto’s top deal maker posed a question to billionaire Gina Rinehart that has tormented them since.
The WA mining magnate is locked in a court battle with her two eldest children who claim their grandfather left them a hefty share in the Pilbara mining resources he discovered in the 1950s.