‘I’ve proved the doubters wrong’: Rinehart on her success

Original article by Jennifer Hewett
The Australian Financial Review – Page: 2 : 26-Jul-18

Mining magnate Gina Rinehart concedes that her Roy Hill iron ore mine almost did not proceed due to problems with securing financing for the project. Roy Hill now boasts annual production of 55 million tonnes, while Rinehart will shortly know if Hancock Prospecting’s $390m takeover bid for Atlas Iron has been successful. Meanwhile, Rinehart says Australia should do more to encourage investment, while she has flagged plans to ramp up the cattle side of her business empire.

CORPORATES
ROY HILL HOLDINGS PTY LTD, HANCOCK PROSPECTING PTY LTD, ATLAS IRON LIMITED – ASX AGO, S KIDMAN AND COMPANY PTY LTD

Leave a comment