Rinehart’s Hancock Prospecting launches appeal on royalties

Original article by Jesinta Burton, Tom Rabe
The Australian Financial Review – Page: Online : 13-May-26

Hancock Prospecting will appeal a Western Australian Supreme Court ruling that it must pay hundreds of millions of dollars in royalties to Wright Prospecting and DFD Rhodes. The ruling relates to royalties from Hancock’s Hope Downs iron ore operations, with Wright Prospecting being the family company of Peter Wright, the business partner of Lang Hancock, Gina Rinehart’s late father, while DFD Rhodes is the family company of late Pilbara pioneer Don Rhodes. The dispute between Hancock Prospecting and the two other companies relates to decades-old agreements signed by Hancock, while it is understood that the ruling has been challenged on multiple grounds.

CORPORATES
HANCOCK PROSPECTING PTY LTD, SUPREME COURT OF WESTERN AUSTRALIA, WRIGHT PROSPECTING PTY LTD, DFD RHODES PTY LTD

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