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“I had no doubt that through the determination and commitment of our people at Roy a solution could be developed which will have a lasting and significant safety legacy in Perth,” Mrs Rinehart said. “Hancock Prospecting and Roy Hill has a fantastic association with the Lord Mayor and the City of Perth, and this is another significant achievement we can be proud to have worked together to deliver.”

She sent her strongest message about the expensive bill farmers were facing to meet zero emission CO2 targets. Her Hancock Agriculture business runs 14 farm properties in Western Australia with 12,000 head of Wagyu beef cattle, one of the largest herds in the country. ‘Agriculture usually doesn’t have the financial resources that the mining industry has and this is a big thing we I think we are overlooking,’ she said. ‘It just doesn’t have the resources – unless of course you’ve got, you know, a mining company in your back pocket. ‘You’ve actually got to add up the expense of these net-zero policies on farmers. ‘Just look at acquiring electric vehicles alone,’ she added. ‘Be they for lawn mowers motorbikes utes, four wheel drives, tractors, harvesters, trucks, bulldozers, graders, front end loaders. ‘It’s going to cost a fortune that farmers and pastoralists don’t have without a mining company in the back pocket. They just don’t have this money to be able to invest.’

The collision mitigation system was provided by Perth-based company APS Lighting & Safety, which worked collaboratively with Roy Hill engineers, including William Wright, a graduate Roy Hill employee completing a Master of Engineering thesis on safety culture, to install, test and troubleshoot the system.

The executive chair of Hancock Prospecting and Hancock Agriculture Gina Rinehart used the first Bush Summit in Western Australia to urge state and federal government to massively cut red tape, return regional revenue to the bush and ease the pain of net zero policies on farmers. Ms Rinehart delivered the keynote address at The Australian’s summit in Perth on Monday where she offered a list of key reforms to improve the lives of rural Australians.

16 August 2023.

15 August 2023.

“It’s going to cost a fortune that farmers and pastoralists don’t have, without a mining company in their back pocket. They just don’t Australia’s richest person, Gina Rinehart, says farmers and the agriculture sector cannot afford the transition to net zero and governments should step in to cover most of the costs. this money to be able to invest.”

Iron ore prices fell on Monday as expectations of steel output cuts in China and weakness in the country’s property segment weighed on sentiment. The most-traded January iron ore on China’s Dalian Commodity Exchange dipped 0.4% to 725 yuan ($99.88) per metric ton.“[Citi’s] industry discussions suggest that crude steel control targets will likely be finalized by August 15, and local governments and mills could make their own production control plans thereafter,” the bank said in a note, mirroring earlier concerns from the southwestern Yunnan province.