News

Rinehart and Ellison join forces to create new iron ore export hub

29.11.2021

Hancock Prospecting outlined its plans for a number of new iron ore developments both at its own 1Bt-plus Mulga Downs deposit and through subsidiary Atlas Iron in its annual report on Friday, in which Rinehart’s company posted an eye-watering $7.3 billion profit for FY2021. MinRes, Hancock and Roy Hill have entered an agreement to jointly investigate the development of a facility at the Stanley Point Berth 3, in which Roy Hill would develop and operate the project including a rail haulage and port services. MinRes boss Chris Ellison said the deal will unlock stranded assets in the Pilbara as the company seeks to transition from higher cost production to low cost, long life assets.

Gina Rinehart, Mineral Resources’ Chris Ellison strike Pilbara port, rail deal

29.11.2021

WA mining identities Gina Rinehart and Chris Ellison will join forces in a landmark deal to develop new port facilities at South West Creek in Port Hedland to help unlock stranded iron ore assets in the Pilbara. Mr Ellison described the partnership and infrastructure-sharing deal as the first of its kind in the Australian resources industry. “We look forward to working with Hancock, Roy Hill, PPA and the State Government to progress this project which would help unlock stranded assets in the Pilbara and would create thousands of jobs for West Australians for years to come.”

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).

One-of-a-kind pink locomotive leaves Texas bound for Australia

28.11.2021

“As a business we are wholeheartedly committed to providing support for breast cancer patients and ongoing research into the disease, as well as welcoming women in mining. All of this is driven by the unrelenting passion of Roy Hill Executive Chairman, Mrs. Gina Rinehart, who has directly initiated ideas that have captured the hearts and minds of our people, and wider, such as painting our trucks and locomotives pink, and naming them after those in our business who have suffered cancer,” said Gerhard Veldsman, Roy Hill’s CEO.

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.

Happy Mining Day 2021 | Message from Pauline Hanson

22.11.2021

National Mining Day 22 November 2021.

National Mining & Related Industries Day | 22 November 2021

21.11.2021

Speech by Gina Rinehart.

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.

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.”

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.