News
Rinehart boosts stake in $5b WA magnetite project linked to India
17th July 2024 •Australian Financial Review JULY 16, 2024 Reporter – Brad Thompson Gina Rinehart’s Hancock Prospecting has moved a step closer to developing a $5 billion magnetite project in Western Australia capitalising on support from the Indian government. However, based on work done so far, there is no guarantee the 51 per cent-Hancock-owned Mt Bevan project will […]
Hancock exec says Cook’s California dream may mean higher emissions
29th May 2024 • NewsAustralian Financial Review MAY 22, 2024 Reporter – Vesna Poljak The head of projects at Hancock Prospecting says a plan to make Western Australia the “California of Australia” was riddled with regulatory shortcomings that will hold back the transition to green steel. Sanjiv Manchanda, one of the most senior executives inside Gina Rinehart’s private mining […]
Cook says magnetite will make WA the ‘California of Australia’
20th May 2024 •Australian Financial Review MAY 20, 2024 Reporter – Tom Rabe West Australian Premier Roger Cook is eager to capitalise on the shift of political and economic power across the Nullarbor, saying his state’s ore riches would fuel a future built on green steel, making it the “California of Australia”. The Labor leader said Peter Dutton’s […]
Rio Tinto’s stealth moves in WA lithium grab
19th September 2023 •Australian Financial Review SEPTEMBER 18, 2023 Reporter – Brad Thompson Rio Tinto has quietly entered the lithium land grab unfolding in Western Australia as it looks to secure its future in battery minerals, racking up exploration tenements spanning more than 145,000 hectares in the red-hot jurisdiction that has minted billionaires and fanned takeover battles. The […]
Hancock lines up lithium deal with India
30th June 2023 •Business News JUNE 15, 2023 Reporter – Simone Grogan Gina Rinehart ’s company has struck a joint venture with two explorers focused on a new lithium development against the backdrop of the billionaire’s recent meeting with the Indian Prime Minister. Legacy Iron Ore, which is backed by major Indian iron ore producer NMDC Limited, and […]
Rinehart lashes WA heritage laws proposal amid miner, farming anger
26th June 2023 •Australian Financial Review JUNE 23, 2023 Reporter – Brad Thompson Gina Rinehart says adding a granny flat to a large backyard could be held up by Indigenous heritage laws set to come into effect in Western Australia next month, warning it is not just miners and farmers who will be caught up by the change. […]
Ground Breakers: Iron ore squillionaire Gina Rinehart wants to sell our lithium to India
15th June 2023 •STOCKHEAD JUNE 15, 2023 Gina Rinehart is looking to move from investor to miner in bid to supply India with lithium The iron ore magnate is the latest corporate giant to move into the EV metal Materials sector muted but Fortescue goes bang on iron ore price run Gina Rinehart is worth approximately a totopatrillion […]
Rinehart, Modi in private talks as India eyes WA lithium assets
24th May 2023 •Australian Financial Review MAY 23, 2023 Mining billionaire Gina Rinehart had talks with Indian Prime Minister Narendra Modi in Sydney on Tuesday as his government eyes investments in critical minerals in Australia. Mrs Rinehart, Australia’s richest person, is a long-time fan of Mr Modi and India has made no secret of its desire to secure […]