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Previously unseen documents shed new light on the fight between Gina Rinehart and two of her children, and their claim to the flagship Roy Hill mine that has made them all billionaires.
The billionaire thought her father Lang Hancock’s scheme to sell iron ore to communist Romania was “foolhardy and reckless”, lawyers told a WA court.
Lawyers for Mr Hancock and his sister, Bianca Rinehart, claimed that Hancock Prospecting’s stake in Hope Downs should belong to Lang Hancock’s grandchildren.
Billionaire Gina Rinehart’s eldest children have made a shock appearance at the WA Supreme Court in a high-stakes civil trial that has pitted them against their mother and two other mining dynasties.
Rio Tinto has scolded the mining dynasty fighting for a slice of its Hope Downs iron ore hub for casting doubt over what it knew while inking a deal with billionaire Gina Rinehart.