Pioneer of the
Australian Iron Ore
Industry

WELCOME TO HANCOCK PROSPECTING

The most successful private company in Australia’s history, and one of the most successful private mining companies in the world.

Latest News

AGE-OLD RULES NOT WORKING

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

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

“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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POSCO Group Chairman Meets with Heads of Australian Resource Developers

POSCO Group Chairman Choi Jung-woo visited Australia to meet with heads of local resource development companies, the group said on June 21. Choi visited Western Australia and met with Gina Rinehart, chairwoman of Hancock Prospecting, a privately-owned mineral exploration and extraction company, on June 20 (local time). The two signed a memorandum of understanding (MOU) for strategic cooperation in developing mines of important metals such as lithium, nickel and copper and the promotion of the hot briguetted iron (HBI) business.

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Major Highlights

AOC and Hancock Prospecting in change-making partnership

AOC announcement 28th of January 2022.

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Sky News Australia Day 26 January 2022 | Rowan Dean interview of Mitch Larkin and Mack Horton

Gina Rinehart "singlehandedly saved our sport", according to Olympic Swimmer Mitch Larkin. It comes after mining magnate Gina Rinehart was appointed as an Officer of the Order of Australia for services to mining, community and sport. "She's such a caring and supportive lady," Mr Larkin told Sky News host Rowan Dean.

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Australia Day honours: Billionaire patron Gina Rinehart goes from strength to strength

Hancock is one of the biggest taxpayers in Australia and has weathered the Covid pandemic. Its company profit for the year to June came after revenue for Mrs Rinehart’s Hancock rose to a record $16.6bn from $10.5bn a year earlier and the business paid a huge $2.7bn in federal corporate and state taxes. Last year was also a significant one away from mining for Mrs Rinehart, who watched strong performances by athletes in the four sports she backs at the Tokyo Olympic Games. Swimmers, rowers, beach volleyball players and artistic swimming representatives all receive direct support from Mrs Rinehart, as part of charitable and sponsorship pursuits the billionaire undertakes that also includes helping Cambodian girls out of poverty. All of the support has been recognised in this year’s Australia Day honours, with Mrs Rinehart gaining the title of Officer of the Order of Australia for distinguished service to the mining sector, to the community through philanthropic initiatives, and to sport as a patron.

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When Mining does well, Australia does well.

Hancock Prospecting Group companies, Roy Hill and Atlas Iron, joined together to promote all that our industry does for our country. Video preview at post.

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Another honour for Mrs Gina Rinehart, Executive Chairman, HPPL, Roy Hill, S.Kidman & Co

“Gina Rinehart is a great advocate for the Australian mining industry, and a very worthy inductee to the Australian Prospectors & Miners Hall of Fame for 2020.” This recognition follows Mrs Rinehart’s receipt of the GJ Stokes Memorial Award at Diggers and Dealers in October, the second only person and first female to win the trifecta of awards at diggers and dealers.

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We support WA Jobs for recovery.

The Hancock Prospecting Group, in the lead up to National Mining and Related Industries Day and National Agriculture and Related Industries Day, has been actively promoting the important role of primary industries in our great State and Country.

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Minerals are not like crops of wheat or wool that grow every year. You have got to find more each year and more each decade if Australia’s standards of living are to continue.
LANG HANCOCK
Hancock Prospecting Founder

We are investing in Australian jobs and look forward to you joining with us to continue to build prosperity for our great nation, and to set yourself up now and into the future.