News

News

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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Supporting our community

18.11.2021

Roy Hill's Community Development team have delivered more than 2000 care packs since the early stages of the COVID-19 outbreak. Working with local Police and Foodbank WA to provide crucial support to remote communities and Traditional Owners, the team has their sights set on another 680 packs to be distributed before the end of 2021.

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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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Interview with National Seniors Australia Chief Advocate Ian Henschke.

16.11.2021

Henschke says he was pleased to see Gina Rinehart has come out and talked about this, noting business leaders watching them tonight are saying they need the workers to be able to do the jobs they require at the moment.

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

15.11.2021

“Hancock recognises the shortage of staff Australia-wide disrupts many projects and delays supplies,” Mrs Rinehart said. “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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Remembrance Day |
11 November 2021

11.11.2021

They shall grow not old, as we that are left grow old: Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning. We will remember them.

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A million reasons to smile

18.10.2021

Roy Hill employees have banded together to donate $1 million to iconic Western Australian children’s charity Telethon in 2021. Across our operations from Perth to the Pilbara, and with the support and generosity of our Executive Chairman, Mrs Rinehart, we’re delighted to support the Telethon Trust and the amazing organisations who benefit from their funding. The donation has been made possible through a unique program called the Chairman’s Profit Share (CPS). Initiated by Mrs Rinehart, the CPS is designed to recognise and reward staff for their contribution to business performance, so when Roy Hill does well, our people do well.

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Supporting the next generation of female engineers

14.10.2021

Seventeen female engineering students experienced first-hand the many opportunities a career in mining provides with a three day tour of the Pilbara as special guests of Roy Hill as part the Girls Engineering Tomorrow (GET) program run through Curtin University. All of them embraced the opportunity to be on site and engage with Roy Hill personnel to better understand the many disciplines, engineering included, needed to keep our operations running.

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