Group executive news

Group executive news

Hancock & MRL reach agreement for port & rail joint-venture

29.11.2021

Hancock Prospecting Pty Limited (Hancock) and Mineral Resources Limited (MRL) are pleased to announce that they have entered into a legally binding agreement under which they will jointly investigate the potential to develop a new iron ore export facility at the Port of Port Hedland’s Stanley Point berth 3 in South West Creek, where Roy Hill Holdings Pty Ltd (Roy Hill) would provide services to both MRL and Hancock for development and operation of the project, including rail haulage and port services (Project).

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6PR Interview | Liam Bartlett speaks with Dean Nalder

24.11.2021

Discussion in relation to Gina Rinehart suggested innovations of change to the aged pension system.

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Happy Mining Day 2021 | Message from Pauline Hanson

22.11.2021

National Mining Day 22 November 2021.

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Gina Rinehart’s fortune shines, while Roy Hill makes $4.4B profit

20.11.2021

Even though the firm's activities were severely hampered by wet weather and a corona pandemic, Roy Hill made a tremendous profit. Furthermore, the corporation was in dire financial shape a few years ago and was about to run out of cash. However, Gina Rinehart did not give up hope and turned her fortune from the enormous debt.

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Roy Hill expands Pilbara network, Aqura partnership

19.11.2021

Young described the importance of the initial network for Roy Hill. “The installation and successful commissioning of the first phase within such a short timeframe proved critical in validation work of Roy Hill’s autonomous haulage and broader digitisation programs,” Young said“ This project further builds upon Aqura’s leadership in the delivery of high-performance, advanced private LTE networks across resources, oil and gas and infrastructure projects throughout Australia.”

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Gina Rinehart’s Roy Hill iron ore mine reveals massive $4.4bn profit as commodity prices and exports boom

19.11.2021

Hancock is also one of the biggest taxpayers in corporate Australia and one of the biggest earners among private corporations, and in financial terms it has sailed through the Covid-19 pandemic due to the strength of Roy Hill and its other mining assets and agricultural investments. Meanwhile, Mrs Rinehart said the mining sector should be recognised for its financial importance to governments and the wider community, and that ­bureaucratic imposts needed to be removed for the industry to keep growing. “When mining does well, so does Australia,” she said.

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Media Release | Results for Roy Hill Holdings Pty Ltd (“Roy Hill”) for the Financial Year Ended 30 June 2021

18.11.2021

Ongoing, strong operational performance has enabled Roy Hill to capture iron ore’s significant price window in FY21 with higher shipped tonnes. Coupled with a focus on cost control across the business, Roy Hill’s profit after tax has doubled to $4.4 billion from $2.2 billion in FY20.

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SRG secures short-term with Roy Hill, Rio Tinto

16.11.2021

In Western Australia, a three-year contract has been secured with Roy Hill to provide shutdown maintenance services at its iron ore operations in the Pilbara.

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Mining magnate Gina Rinehart backs changes to age pension system to keep older workers on the job

16.11.2021

“We are a supporter of the government changing its policy where pension arrangements are concerned, so that pensioners can work should they so choose, without onerous tax resulting from their decision to work. “Hancock is a very patriotic company that supports investment in Australia, primary industries and jobs in WA and Australia. When mining does well, Australia does well.”

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