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Rinehart loses appeal over stake in much-hyped iron ore project

Cecilia Jamasmie | October 30, 2012 | 6:15 pm Australia Europe Iron Ore 

Mining billionaire Gina Rinehart's Hancock Prospecting lost Tuesday an appeal to retain its share in the touted Rhodes Ridge iron ore project in Australia’s Pilbara, forecast to be worth billions once developed. Rinehart, the world of mining's 4th richest person, was appealing...

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