Australia’s most esteemed and prestigious awards for the mining and minerals processing industry have recognised Roy Hill’s outstanding technical achievements at a gala event overnight.
Celebrating their 20th anniversary, the 2023 Prospect Awards presented Roy Hill with Australian Mine of the Year and the Innovative Mining Solution Award for our world-first autonomous haul truck solution( the open-source system created provides software that can be retrofitted on different truck models), creating the world’s largest single Autonomous Haulage System which was spearheaded by Executive Chairman Mrs Gina Rinehart AO.
Announced in January 2023, the rolling expansion will see the entire mixed fleet of 96 conventional haul trucks transition to driverless operation while supporting those impacted by the project, with reskilling and redeployment programs in place to help operators transition to new roles.
“This is an example of Roy Hill using innovative solutions to meet the challenges of an extremely tight labour market, while supporting our people with retraining and helping them transition into other critical roles of the business. We thank our Executive Chairman Gina Rinehart for her leadership on this and our staff for their valued work on this program ” said CEO Hancock Operations, Gerhard Veldsman.
Hancock Prospecting warns Closing Loopholes Bill could see mining move to countries with lower standards
“If increased regulatory burdens cause new mining projects to be delayed or cancelled, Australia will be unable to satisfy the rising iron ore demand created by net zero targets,” Hancock Prospecting chief executive of group operations Gerhard Veldsman said. Gina Rinehart has warned controversial industrial relations reforms could push mining away from Australia to countries with lower environmental standards.Read more
Australia is struggling under the burden of red tape that is growing at nearly twice the rate of the national economy, leading to urgent calls for parliament to act to cut out-of-date regulations and ban new rules from being imposed without old ones being repealed.Read more
Gina Rinehart recently ordered what was touted to be the first 100 per cent battery powered, heavy-haul train. The heavy vehicle will be used for mainline service work at Hancock Prospecting’s Roy Hill operation. “By using regenerative braking it will charge its battery on the 344km downhill run from our mine to port facility and use that stored energy to return to the mine, starting the cycle all over again,” Hancock CEO Gerhard Veldsman said in a public statement. “This will not only enable us to realise energy efficiencies but also lower operating costs.”Read more
Until recently, debate over the Anthony Albanese’s Closing Loopholes legislation has largely ignored a factor that could smash the economy. Unless this is clarified, resources and energy operations could shut. Thousands of workers could be out of a job. Frankly, it is ludicrous to think the FWC, with only one of its 50 members ever having run a substantial business, could be allowed to make assessments about future work plans that experienced business managers and board directors haven’t yet contemplated.Read more
The world’s largest mining group, BHP, says the government’s proposed same job, same pay policy could jeopardise $US2 billion ($3.2 billion) worth of investment it has planned for its local copper business. BHP chief executive Mike Henry told shareholders at its annual meeting in Adelaide on Wednesday morning that the bill would also damage the Australian economy. “BHP strongly opposed the Same Job Same Pay Bill not only because of the damage it threatens to do to our business, but also for the hit it will have on Australia’s economy, to Australian jobs and to Australia’s productivity and international competitiveness,” Henry saidRead more
Australia’s slow pace of mining approvals is diminishing its attraction as a global investment destination, Hancock Prospecting, owned by Australia’s richest person Gina Rinehart, said on Tuesday. "The current policy environment, duplication of processes, overreach from all departments and delays to approvals is negatively impacting new investment into the mining industry and is reducing Australia’s competitiveness in the international resource sector,” said Hancock.Read more
Wabtec Corporation and Hancock Prospecting subsidiary Roy Hill have celebrated the debut of the FLXdrive battery locomotive at a ceremony held at Wabtec’s design and development centre in Pennsylvania, US. The FLXdrive battery locomotive is the world’s first 100 per cent battery-powered, heavy-haul locomotive for a mainline service. It has a pink design to symbolise Roy Hill’s commitment to assisting in breast cancer research and those suffering from the illness. “This FLXdrive locomotive represents a major step in the journey to a low-to-zero-emission future in the rail industry,” Wabtec president and chief executive officer (CEO) Rafael Santana said.Read more
“Viewed on its own — and in conjunction with the last year’s industrial relations changes — the same job, same pay reforms could, depending on decisions left to Fair Work, significantly increase costs with no corresponding increase to productivity,” Qantas’ acting industrial relations executive Nathan Safe said. “That could, in turn, compromise the viability of services, undermine job security and create market distortions by way of an unlevel playing field in circumstances where competitors will not be captured by the proposed reforms."Read more
“This legislation is completely irredeemable,” Ms Constable said on Tuesday. “You cannot fix it with Tipp-Ex and Post-it notes. It needs a complete rewrite. The Government needs to head back to the drawing board and start again instead of scrambling to add poorly worded amendments.”Read more