Steinmetz, BSG Resources Win Dismissal of Rio Tinto Lawsuit

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  • Billionaire accused of trying to steal rights to iron ore
  • Vale SA, alleged confidental-data source, also wins dismissal

A judge threw out Rio Tinto Plc’s lawsuit claiming Israeli billionaire Beny Steinmetz and his BSG Resources Ltd. conspired with Vale SA to steal rights to the world’s biggest untapped iron-ore deposit.

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