News - Hancock Prospecting PTY LTD

Gina Rinehart urges Albanese government to ease burden of net zero emissions on farmers as she calls for drastic red tape cut

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.

Extra eyes on Perth streets

16 August 2023.

Gina Rinehart’s $3m Patron’s medal achievement incentive fund

The Patron’s Medal Achievement Incentive Fund, powered by Hancock Prospecting, initially commits $3m over two years in the lead up to and at the Paris 2024 Olympic and Paralympic Games. It will provide performance-based payments to the country’s best swimmers, rowers, volleyball players and artistic swimmers should they win medals at a World Championship, and Olympic or Paralympic Games and is the only private performance initiative of its scale to benefit Australian Olympic and Paralympic sport medal achievers, outside Government and Australian Olympic Committee funding.

Rowan Dean commentary | Bush Summit

15 August 2023.

Farmers can’t afford net zero, says Rinehart

“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 price falls on worries of steel output cut in China

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.

Iron ore magnate Gina Rinehart brings mining technology to Perth streets in new rubbish truck fleet

Gina Rinehart has led a push for safer rubbish trucks in WA, bringing mining technology to the streets of Perth. The mining magnate has funded new trucks with collision mitigation systems, which provide the driver with visual and audible warnings to avoid accidents. “Having felt the pain of a dear friend mourning the tragic loss of his much-loved brother, I certainly hope this new solution will play an important part in others not having to go through similar tragic circumstances.”

City of Perth | MEDIA RELEASE | City waste trucks to get a safety upgrade

Hancock Prospecting and Roy Hill Executive Chairman, Mrs Gina Rinehart AO, instigated the approach to the City of Perth, recognising an opportunity to leverage Roy Hill’s skills and expertise in vehicle automation to enhance safety outcomes in Perth.“I’d like to acknowledge the Lord Mayor, Basil Zempilas, for his drive in making this project a reality. 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.

Notice | Fake social media posts encouraging investment in scams

15 August 2023.

Roy Hill sets up chatbot to help lift productivity

West Australian mining company Roy Hill has developed its own internal chatbot to give its employees better insights about the company’s functions and to increase their personal productivity. The program was developed after executive chairman Gina Rinehart put out a challenge 18 months ago for the leaders of WA mining companies to use AI to help increase productivity. “The system is designed to respond to a broad spectrum of inquiries related to production data, company policies and procedures, as well as general HR information,” Roy Hill said in a statement. “Roy Hill’s employees interact with RoyBot using natural language, asking questions through the internal web application.”

Bush Summit: Wind farms facing revolt from farmers

Governments and wind farm developers could face stiff opposition from farmers amid growing concern that large-scale projects could change the landscape for the worse, former Northern Territory chief minister Adam Giles says. Mr Giles – now the chief executive of Gina Rinehart’s two key farming businesses, Hancock Agriculture and S. Kidman and Co – told The Australian’s Bush Summit in Perth on Monday that the transition to net zero was being felt as a “blunt instrument” in regional Australia.

Most farmers ‘cannot afford net zero’: Gina Rinehart

Mining billionaire Gina Rinehart has addressed The Australian Bush Summit in Perth, saying that most farmers are unable to afford net zero. “With the consequences, Aussies and the towns will see huge food price increases and fresh food shortages, this is the maths that has to be brought in too,” Ms Rinehart said. “There’s quite a bit of government tape that would make life better if removed.”