News
News
MinRes, Roy Hill, Hancock have big port plans
01.12.2021
Ellison said yesterday the agreement with Hancock and Roy Hill was the first of its kind in the Australian resources industry. "Our long-stated strategy is to transition from short-life, high-cost mines to lower-cost, longlife operations underpinned by innovative infrastructure solutions," he said.
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Infrastructure Deal Could Help Mineral Resources Develop Marillana
30.11.2021
Mineral Resources' infrastructure agreement with Roy Hill and Hancock Prospecting could enable the ASX-listed miner to develop stranded iron-ore resources such as its Marillana project, Macquarie says. "A development of Marillana and the infrastructure agreement presents upside risk to our base-case earnings and valuation for MIN," says Macquarie, which doesn't factor that project into its base case for Mineral Resources at present
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MRL partners with Gina Rinehart on iron-ore export facility
30.11.2021
– ASX-listed Mineral Resources (MRL) has entered into an agreement with Gina Rinehart’s Hancock Prospecting and Roy Hill Holdings to jointly investigate the development of a new iron-ore export facility at Port Hedland’s Stanley Point Berth 3.MRL said on Monday that the project aligned with the company’s strategy to unlock stranded deposits in the Pilbara by developing pit-to-port solutions and expanding its capability to be a long-term, low-cost sustainable supplier of iron-ore to international markets.
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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.
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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.”
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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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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.
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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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