
Rio, Hancock inject $2.5bn into Hope Downs development
RIO TINTO and Hancock Prospecting will invest $US1.6 billion ($2.47 billion) in the development of the joint venture’s Hope Downs iron ore asset in the Pilbara.
The most successful private company ever in Australia’s history, and one of the most successful private mining companies in the world.
Built on a long and special history of investing and risk taking in Australia, Hancock Prospecting is an independent, privately owned Australian company that has a proud history with the Pilbara and the iron ore sector, and is one of the longest continuous owners of cattle stations in Australia.
RIO TINTO and Hancock Prospecting will invest $US1.6 billion ($2.47 billion) in the development of the joint venture’s Hope Downs iron ore asset in the Pilbara.
THE Australian Rowing Team capped off its World Rowing Cups series with a strong showing at the 2025 World Rowing Cup – Lucerne, where 29 Australian athletes stepped onto the podium across six crews.
Austmine and AusIMM have announced the finalists for the 2025 Industry Leaders & Awards, celebrating excellence across Australia’s world-leading mining and mining equipment, technology and services (METS) sectors.
Roy Hill and Atlas Iron will join forces under the name Hancock Iron Ore in what represents the biggest shake-up for Gina Rinehart’s Hancock Prospecting mining operation in years, amalgamating her two iron ore businesses to make them leaner.
Australia’s richest person has bought her third NSW cattle farm of the year, acquiring a landmark 5000ha property from a UK businessman. See all the details.
A program-record four student-athletes – Hancock Prospecting Swimming Excellence Scholarship recipients Flynn Southam, Jesse Coleman, Milla Jansen and Hannah Casey – and coach Chris Mooney have made the Dolphins squad for the World Aquatics Championships in Singapore next month.
“Hancock Prospecting is built on good Australian values where loyalty and performance are rewarded. Our vision is to create pathways to business and employment opportunity for veterans and ex military across Hancock Prospecting, That the veterans feel valued and preferentially treated when they approach us and that we create a real sense of recognition of military service to the country for which they served which for the majority will be Australia.”
Hancock Prospecting Executive Chairperson,
Gina Rinehart AO
We are committed to developing opportunities for women across our operation. Join us to continue building an exceptional future for our great nation, and to set yourself up now and into the future.
We have varied and exciting career opportunities across our mining and agricultural businesses. To join one of Australia’s most successful private company, head to www.futureaustralianjobs.com for more information.
Hancock Prospecting chair ‘a true champion for the cause of mining’
Roy Hill took home two prizes from the 2024 Australian Mining Prospect Awards.
25 November is another important date in the Hancock calendar – it is the date that Lang Hancock and his wife, Hope (nee Nicholas) founded Hancock Prospecting.