Mining magnate’s children and former business partners of her father making claims on Hancock Prospecting’s share in massive Hope Downs mining project

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A court battle over billions in iron ore riches is under way, as Australia’s richest person, Gina Rinehart, defends her fortune amid a bitter legal dispute over her mining pioneer father’s legacy.

Rinehart’s two eldest children and former business partners of her late father, Lang Hancock, are fighting for multibillion-dollar stakes in a lucrative iron ore project that is half owned by Rio Tinto.

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