A high-stakes mining industry ruling in Perth, and Cruising to the box office

This episode of Squiz Today covers a high-stakes legal ruling in Perth that could force Gina Rinehart's Hancock Prospecting to pay hundreds of millions in royalties to the family of Peter Wright, her late father's former mining partner. The Supreme Court found that a 1980s agreement between the two men was legally binding, entitling Wright Prospecting to half of the royalties from the Hope Downs iron ore mines—though their claim to ownership was dismissed. The decision has reignited a long-standing family feud, with Rinehart's children previously seeking a share in the mine through a trust, a claim now rejected. Meanwhile, a major fire at the Viva Energy refinery in Geelong threatens Victoria's oil supply, while international diplomacy sees tentative progress in Middle East peace talks involving Pakistan, Iran, Egypt, and Turkey. On the cultural front, CinemaCon in Las Vegas unveiled teasers for upcoming blockbusters, including Tom Cruise's comedic role in 'Digger'—a stark departure from his usual action persona—and the working title 'Aegon's Conquest' for the next Game of Thrones film. Domestically, Defence Minister Richard Miles is expected to announce a significant defence spending boost, and a major extradition ruling looms in the Daniel Duggan case involving allegations of training Chinese pilots in breach of US arms laws.