Roy Hill Ownership

Hancock Prospecting Pty Ltd is the majority owner of Roy Hill Holdings Pty Ltd, with a 70 per cent equity interest.

The remaining 30 per cent equity interest is held through a consortia comprising Marubeni Corporation, POSCO and China Steel Corporation.

Marubeni Corporation holds a 15 per cent equity interest in the company, POSCO holds 12.5 per cent and China Steel Corporation holds 2.5 per cent.

As part of the ownership agreement, the consortia partners have agreed to purchase their share of iron ore production from the Roy Hill Project, equating to 28.75Mt at full production.