Hancock Prospecting wins prestigious global mining award

Hancock Prospecting is excited to announce that it has been awarded the Raw Materials & Mining Industry Leadership Award at the 2018 S&P Platts Global Metals Awards in London.

In its sixth year, the S&P Platts Global Metals Awards recognizes top performers, industry leaders and innovators in metals and mining sectors.

This year’s win follows on from two wins last year at the 2017 S&P Platts Global Metals Awards where Mrs Rinehart was presented with the Lifetime Achievement Award for her outstanding leadership in the mining and resources sector, and Roy Hill received the Rising Star Company Award.

Hancock Prospecting CEO Garry Korte was also recognised at this year’s 2018 awards being nominated in the CEO of the Year category by Mrs Rinehart, but unfortunately, perhaps with Garry’s short tenure as CEO, this was awarded to another company. He did however, while CFO of Roy Hill, receive a prestigious award in Australia for the Roy Hill financing, in which he played an integral role. This financing involved the world’s largest debt funding package for a mainly greenfield, land based mining project, from 19 of the world’s largest banks and 5 export credit agencies.

At the annual black tie occasion, the judges made reference to Hancock Prospecting’s considerable efforts and the turn around the company has undergone thanks to the leadership, dedication and effort of Executive Chairman Mrs Rinehart.

Today, Hancock has a 50 per cent stake in three major iron ore mines at Hope Downs, with a fourth due to open in approximately 4 months’ time, and also founded, progressed and owns a majority stake in Roy Hill, the single largest iron ore mine in Australia.

Hancock has also continued to grow and diversify its mining business investing overseas in UK-based Sirius Minerals and prospective tenements in South America.

Hancock would like to extend its warmest congratulations to POSCO for being recognised last night at the prestigious S&P Global Mining and Metals black tie event scooping two awards, the Corporate Social Responsibility and the coveted Mining and Metals company of the year gong. Hancock would also like to congratulate its Hope Downs partner, Rio Tinto, who were also recognised with an award for their work in the industry.

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Roy Hill wins Rail Transport Solution of the Year at the 2018 Logistics & Materials Handling Mercury Awards

The logistics and supply chain sector’s night of nights – the 2018 Logistics & Materials Handling Mercury Awards – was held in Melbourne over the weekend.

We are thrilled to announce that Roy Hill won an award for Transport Solution of the Year: Rail.

Stuart Harrison, Head of Roy Hill’s Rail Operations acknowledged and thanked Executive Chairman of Hancock Prospecting Group and Roy Hill, Mrs Gina Rinehart and the entire rail operations team for their ongoing hard work.

Roy Hill’s 344km single rail line was purpose-built to transport 55 million tonnes per annum of iron ore from mine to port in WA’s Pilbara region. It sets the benchmark as one of the most high-tech, innovative, remotely operated iron ore rail systems in Australia.

Event media release and full list of award winners.

Livinia Nixon hosts 2018 Mercury Awards

Historic Ship Sail out and Naming of Locomotives Ceremony

berge-bulk-1024x674Historic ship sail out and locomotive naming as Roy Hill celebrates 55 mtpa achievement, becoming the largest single iron ore mine in Australia.

Today Roy Hill celebrated a historic ship sail out and christened five locomotives to mark the historic occasion of becoming the largest single iron ore mine in Australia.

Mrs Rinehart, along with executives from Berge Bulk, Marubeni, POSCO and CSC, sailed out on the ‘Berge Toubkal’,  marking only the second time such sail out has occurred from Port Hedland,  the first being Roy Hill’s first iron ore shipment in December 2015.

After returning to port, five locomotives were christened with ginger beer.

The first locomotive was named after Hancock and Roy Hill Executive Director Tad Watroba. Tad has been instrumental in assisting Mrs Rinehart develop the Roy Hill project and bring it from nothing, first achieving temporary tenements in 1993, to after years of work and funding, Australia’s single largest iron ore mine.

The next locomotives were named after Roy Hill’s minority owners – Marubeni, POSCO and China Steel Corporation (CSC), who are steadfast partners, present with the project prior to any construction occurring.

Finally, Barry was the name of the last locomotive christened today. Barry Fitzgerald is the CEO of Roy Hill, who has been with the project since 2010 and has worked very hard to see it where it is today.

Speech by Mrs. Gina Rinehart – 55Mtpa Ship Sail Out

Mrs Gina Rinehart’s speech for the Roy Hill Locomotive Naming Ceremony

Launch of Roy Hill’s next pink trucks fleet

With much excitement and red dust, Roy Hill today launched its fifth fleet of pink mining trucks.

Mrs Rinehart, other HPPL and Roy Hill executives, along with executives from Roy Hill’s minority owners Marubeni, POSCO and CSC were in attendance.

Roy Hill’s mining trucks are painted pink in support of breast cancer patients and our wonderful women at Roy Hill.

The first pink truck christened was ‘Berge Toubkal’, named after a 210,000 DWT Newcastlemax ship, currently visiting Port Hedland. Mrs Rinehart was honoured to be made Godmother of this ship at a ceremony in China last year and this ship carries Roy Hill’s iron ore to ports around the world. We were delighted that James Marshall, CEO of Berge Bulk and Duncan Bond, CCO of Berge Bulk, were with us to christen and launch a truck with the Berge Toubkal name on it. The Berge Toubkal is the largest ship to be berthed at Port Hedland for Roy Hill ore.

The second pink truck christened today is named after Cass Ropata, one of our Roy Hill employees who has survived breast cancer.

Today’s launch follows on from Roy Hill’s inaugural pink trucks launch in 2016 which was a first for Australia, and combining with staff fundraising, matched by Roy Hill meeting those financial efforts, a first for the world.

As Mrs Rinehart said in her speech, she hopes other companies will follow this important initiative.

Mrs Gina Rinehart’s speech for the launch of Roy Hill’s next pink trucks fleet