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BSGR: 1, Rio Tinto: 0

Rio Tinto’s assertion its Racketeer Influence and Corrupt Organizations Act (RICO) claim against multiple defendants was defeated because of a technicality is disingenuous and the New York court’s decision was rather the unavoidable outcome of a “pointless claim doomed to fail from the moment it was launched”, according to Beny Steinmetz Group Resources (BSGR), one of the key defendants.

Chris Cann
The Simandou iron ore project in Guinea is at the centre of a multi-party legal spat

The Simandou iron ore project in Guinea is at the centre of a multi-party legal spat

Rio brought the case against BSGR, Beny Steinmetz himself, Vale, former mining minister Mahmoud Thiam, BSGR associate Frederic Cilins, and Mamadie Toure – the fourth and youngest wife of former Guinean...

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