Mining company sues Aust’n state for 2 billion dollars over fracking ban

Lakes Oil, which is 20 per cent owned by Australia’s richest woman Gina Rinehart, said it was seeking to recover losses from a Victorian ban on fracking, a process of injecting liquid at high pressure into rocks to force open existing fissures and extract oil or gas.

http://news.xinhuanet.com/english/2016-12/07/c_135887283.htm

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