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“It’s a mega project which at times we thought may not happen,” said Rinehart, who is the executive chairperson of Roy Hill. “We are very fortunate our partners proceeded to invest in our project. It represented a massive vote of confidence in our hardworking, then small executive teams. Since then, it has been a remarkable ten-year journey, one that many thousands of West Australians and Australians have contributed to, and which in turn has contributed to our state and country. “We are especially proud to lead the industry with our representation of women and our support for veterans.

“It’s a mega project which at times we thought may not happen,” she said. “We are very fortunate our partners proceeded to invest in our project – It represented a massive vote of confidence in our hardworking, then small executive teams.”“We are especially proud to lead the industry with our representation of women and our support for veterans.” “Our partners and everyone who has been involved in Roy Hill can be extremely proud they have built Roy Hill from a project into one of the best mining companies in Australia.”

2023

Roy Hill and parent company Hancock Prospecting are delighted to celebrate 10 years in partnership with our financing and equity partners POSCO, Marubeni and China Steel Corporation (CSC). These major international companies placed their commitment in the Roy Hill project, record
debt financing was arranged, and spent their equity monies ahead of such debt financing, a rare entrepreneurial move for a mega project, and with significant risk.
At the time of the joint venture agreement, Roy Hill made history as one of the most significant projects for its time, winning many awards.

There has been much public and political focus centred on Australia’s east coast gas market, amid warnings of gas shortages, policy interventions and higher prices.
But it’s over on the west coast where the next gas debate may be brewing. West Australia’s gas producers, buyers and policymakers could be sleepwalking into their own domestic gas turning point. Just as the market is tightening, nearly all new gas discoveries have been bought up by three prominent Western Australian billionaires, who have their own priorities for the gas. It’s a timely reminder that investment in exploration for gas remains important both to enable the phase out of coal and support the supply of minerals needed to deliver the decarbonisation of the global economy and provide geopolitical security in supply chains.

The MCA congratulates Mrs Gina Rinehart AO who was named Western Australian of the Year in Perth last night in recognition of her generous philanthropy and unrivalled corporate success. Mrs Rinehart has made an extraordinary contribution to Western Australia and the rest of the nation via her extensive and very successful business ventures in mining and agriculture, and her significant financial contribution to various causes supporting medical, educational, sporting, health and community organisations. It is a well-deserved honour for Mrs Rinehart who is a passionate advocate of the resources industry and its contribution to Australia.

Gina Rinehart has been announced as this year’s Western Australian of the Year. Rinehart was also awarded the 2023 Business Award. As reported by WA Today, Rinehart used her acceptance speech to reflect on what the company has achieved. “It’s actually a very long way from where my family company was 30 years ago and I’m incredibly proud of what we have achieved in this time for our company and what we’ve been able to contribute to West Australia and our country and our future,” Rinehart said. “We must ensure that our country is not left behind by short-sighted decisions and encourage policies that welcome investment in our wonderful state,” Rinehart said.