News

News

Record for Pilbara’s ports

22.07.2022

Government-operated facilities deliver $166b in export income for WA State Government-operated ports in the Pilbara have again achieved record annual throughput with key commodity iron ore responsible for the lion’s share of $166 billion in export income for the State. Existing port users — BHP, Fortescue Metals Group and Roy Hill — were each allocated a 25 per cent increase in capacity while Hancock Prospecting and Mineral Resources were given the nod to jointly develop a new iron ore export facility at Stanley Point berth 3 at South West Creek. The world’s biggest bulk export port, Port Hedland, was responsible for the majority of the increase with throughput rising from 546Mt to 561Mt.

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SKILLS SHORTAGE CONUNDRUM

03.07.2022

Australia has half a million jobs up for grabs but is finding it near impossible to fill most of them. The Prime Minister’s $5.4b plan to make child care cheaper for families also forms a central part of his strategy to address the skills shortage. But Mr Albanese is also facing calls to encourage pensioners to return to the workforce. New Liberal leader Peter Dutton has pressed the Albanese Government to allow pensioners to earn more money without seeing their pensions being cut back — borrowing an idea championed by WA mining magnate Gina Rinehart and rejected by the Coalition. Currently pensioners can earn $300 a fortnight before their pension payments are reduced, but Mr Dutton wants the income threshold to be increased to $600.

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Mirnukaru Hedland Attendance Strategy to benefit from Roy Hill bus donation

01.07.2022

Roy Hill chief executive Gerhard Veldsman said the donation is part of the company’s ongoing commitment to supporting local communities. “Education is so vitally important, and the Mirnukaru Hedland Attendance Strategy is a brilliant community partnership supporting students and their families,” he said. “Roy Hill is pleased to be working with local community groups to provide this positive outcome.”

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AGE-OLD RULES NOT WORKING

28.06.2022

Estimates from Deloitte Access Economics have a 5 per cent rise in the number of over-55 s in the workforce as boosting national gross domestic product by $48 billion. The idea has long been championed by WA mining billionaire Gina Rinehart, pictured right. Mr Dutton confirmed conversations with Mrs Rinehart had helped inform his stance. Mrs Rinehart said she applauded Mr Dutton “for the leadership he has shown on this issue”. “I would encourage the Government to not only consider the benefits to the department of eliminating pensioners’ paperwork but the revenue generated from additional income tax … and businesses then able to generate more taxable profits,” she said. Mrs Rinehart wants the Government to go further than Mr Dutton’s policy however, by eliminating any upward limit to what pensioners can earn, “and just let them contribute like other Australians by paying income tax” .

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DUTTON IN PENSIONER WORK PLAN | Leader’s Gina-Inspired Policy

27.06.2022

Peter Dutton is in Perth for the second time in less than a fortnight , this time to spruik his calls for the Albanese Government to let pensioners earn more money without their pensions being cut back. WA mining magnate Gina Rinehart championed a similar policy before the Federal election as a way to help solve Australia’s worker shortage, but the idea was never adopted by former prime minister Scott Morrison.

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POSCO inks MOU deal with Australia’s Hancock to secure raw materials for EV batteries

24.06.2022

“Posco Group and Hancock Prospecting have been cooperating since 2010 and expanding our partnership every year. We successfully developed the Roy Hill mine development project recently and acquired Senex Energy together,” The Korea Times quoted Choi as saying in a statement. “Our two companies can create bigger synergy if they work together in the business for secondary battery materials, as Posco has the value chain to develop secondary battery materials for production of cathodes and anodes, while Hancock has excellent experience and capability in mining.”

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Baptism of fire for Tad’s pink wet high intensity magnetic separator plant

22.06.2022

WESTERN Australia iron ore miner Roy Hill has unveiled its new, upgraded wet high intensity magnetic separator plant on site in the Pilbara -dubbed the Watroba plant by chairwoman Gina Rinehart in honour of fellow Hancock Prospecting board member Tad Watroba. Rinehart christened the plant Watroba in a recent ceremony on site. She said Tad Watroba had been by her side at Roy Hill since the beginning. "We started from very humble beginnings, with very little money for exploration," she said. "Tad's been there through thick and thin with me, and I can assure you, there's been a lot of thin, but he's stuck in there with magnificent loyalty, dedication and integrity throughout all adversity."

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