Court ruling in Australia: Gina Rinehart loses iron ore empire stake to rivals

On 2026-04-15, the West Australian Supreme Court in Perth handed down a ruling in a long-running dispute involving Gina Rinehart's Hancock Prospecting and rival mining dynasties. The judgment could require Hancock Prospecting to pay royalties, interest, and costs worth hundreds of millions of dollars and affects the company's iron ore assets.