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Roy Hill marks 10-year milestone with partners

“It’s a mega project which at times we thought may not happen,” she said. “We are very fortunate our partners proceeded to invest in our project – It represented a massive vote of confidence in our hardworking, then small executive teams.”“We are especially proud to lead the industry with our representation of women and our support for veterans.” “Our partners and everyone who has been involved in Roy Hill can be extremely proud they have built Roy Hill from a project into one of the best mining companies in Australia.”

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Congratulations to our Western Australian of the year Award winners

2023

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Many happy returns from Roy Hill

Billionaire Gina Rinehart has described her giant $10bn Roy Hill iron ore mine as “the mega project that … we thought might not happen”. The billionaire mining magnate told a celebration of the 10th anniversary of Roy Hill that the mine’s first equity investors had made a “rare entrepreneurial move … with significant risk” that had paved the way for a project that made $13bn in net profits in the last two years alone and already paid off $10bn in debt in full.

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Roy Hill celebrates 10-year milestone

Roy Hill and parent company Hancock Prospecting are delighted to celebrate 10 years in partnership with our financing and equity partners POSCO, Marubeni and China Steel Corporation (CSC). These major international companies placed their commitment in the Roy Hill project, record
debt financing was arranged, and spent their equity monies ahead of such debt financing, a rare entrepreneurial move for a mega project, and with significant risk.
At the time of the joint venture agreement, Roy Hill made history as one of the most significant projects for its time, winning many awards.

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Billionaires taking a stranglehold on WA’s gas

There has been much public and political focus centred on Australia’s east coast gas market, amid warnings of gas shortages, policy interventions and higher prices.
But it’s over on the west coast where the next gas debate may be brewing. West Australia’s gas producers, buyers and policymakers could be sleepwalking into their own domestic gas turning point. Just as the market is tightening, nearly all new gas discoveries have been bought up by three prominent Western Australian billionaires, who have their own priorities for the gas. It’s a timely reminder that investment in exploration for gas remains important both to enable the phase out of coal and support the supply of minerals needed to deliver the decarbonisation of the global economy and provide geopolitical security in supply chains.

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MEDIA RELEASE | MCA Congratulates Mrs Gina Rinehart AO

The MCA congratulates Mrs Gina Rinehart AO who was named Western Australian of the Year in Perth last night in recognition of her generous philanthropy and unrivalled corporate success. Mrs Rinehart has made an extraordinary contribution to Western Australia and the rest of the nation via her extensive and very successful business ventures in mining and agriculture, and her significant financial contribution to various causes supporting medical, educational, sporting, health and community organisations. It is a well-deserved honour for Mrs Rinehart who is a passionate advocate of the resources industry and its contribution to Australia.

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Gina Rinehart reaches significant milestone

Gina Rinehart has been announced as this year’s Western Australian of the Year. Rinehart was also awarded the 2023 Business Award. As reported by WA Today, Rinehart used her acceptance speech to reflect on what the company has achieved. “It’s actually a very long way from where my family company was 30 years ago and I’m incredibly proud of what we have achieved in this time for our company and what we’ve been able to contribute to West Australia and our country and our future,” Rinehart said. “We must ensure that our country is not left behind by short-sighted decisions and encourage policies that welcome investment in our wonderful state,” Rinehart said.

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Rinehart named as 2023 Western Australian of the Year

HANCOCK Prospecting chair Gina Rinehart has been announced as the 2023 Western Australian of the Year. Rinehart was honoured for her contribution to business, as well as her philanthropy, which ranges from support for breast cancer research to sponsorship of Australian Olympians. “We must ensure that our country is not left behind by short-sighted decisions and encourage policies that welcome investment in our wonderful state,” Rinehart said when accepting the award.

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‘Please do the sun cream’: Gina Rinehart’s powerful message post cancer scare

Billionaire mining magnate Gina Rinehart delivered a potentially lifesaving reminder to all Australians after being crowned Western Australian of the Year 2023. The richest woman in the country used her acceptance speech to open up about a recent cancer scare, with the 69-year-old undergoing a facial melanoma removal just hours before the event. Ms Rinehart attended the gala dinner held at Perth’s Crown Ballroom on Friday night, wearing an elegant off-white gown accessorised with a fan to cover bruising on the right side of her face.

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