“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.
The Hancock Prospecting Group posted one of the largest profit margins for private companies in the country with revenue up from $10.5 billion to $16.6 billion. The company paid $2.7 billion in taxes for the year.
Rinehart tops the Richest 250 after a recordbreaking year for her Hancock Prospecting, which made huge profits in particular from its Roy Hill iron ore mine in Western Australia’s Pilbara.
PREMIER Annastacia Palaszczuk will join industry leaders and global sporting identities to discuss the 2032 Olympics legacy priorities at next week’s Future Brisbane lunch. Paris 2024 Olympic and Paralympic Games chief Etienne Thobois will also deliver a keynote address live from the French capital to guests at the Royal International Convention Centre in Brisbane.Sky News Queensland editor and News Corp columnist Peter Gleeson will MC the lunch and Hancock Prospecting executive chairman Gina Rinehart will deliver a special address.
Discussion in relation to Gina Rinehart suggested innovations of change to the aged pension system.
Atlas Iron has delivered billionaire Gina Rinehart almost $1.5bn in profits in only three years, since she beat fellow mining magnates Andrew Forrest and Chris Ellison to acquire the junior miner for $427m. The Pilbara iron ore miner’s net profit soared by 146 per cent to $938m for the 2021 financial year thanks to soaring commodity prices and increasing production, financial results lodged with the corporate regulator on Tuesday revealed.“ Australia exports its ore internationally, so we have to be cost competitive internationally, hence we should be wary of onerous government cost burdens that don’t encourage investment. It’s time we put greater priority on reducing government tape, and our government in turn, put greater priority on that welcoming investment,” she said.
This is an edited version of a speech by Gina Rinehart given for National Agriculture and Related Industries Day.
What a year we’ve all had! And one we should all be immensely proud of our industry’s contribution to Australia. Even the media have noticed our huge contribution throughout COVID. Let’s start with a heartfelt round of applause to everyone in our industry, yep, loud applause, and please don’t stop with just clapping, whistling, feet stomping, flag raising, dancing, cheering all great! And another round of applause please for all the related industries and businesses that the mining industry supports. National Mining & Related Industries Day, rightly deserves to be a very important day on our nation’s calendar.