News

From the prime minister to mining leaders, the resignation of Mark McGowan has drawn broad praise for the outgoing premier’s leadership during his six years at the helm of WA.Mining magnate Gina Rinehart said Mr McGowan had been a strong advocate for WA. “Premier McGowan well understood that investment and development is the key to the success of WA, and to maintaining living standards,” Mrs Rinehart said. “During the pandemic, he worked successfully to keep the resources sector operating, which powered both the WA and Australian economies and kept hundreds of thousands of people directly and indirectly employed during a very difficult time.”

India’s largest iron ore miner is believed to be nearing an agreement with Gina Rinehart in WA lithium as the country seeks to rapidly scale up in battery minerals to support its ambitious electric vehicle plans.

During his meeting with Rinehart, the prime minister highlighted the reforms and initiatives being undertaken in India and invited her to partner in technology, investment and skilling in the mining and minerals sector, a statement by the Ministry of External Affairs in New Delhi said.Rinehart said that there are huge business opportunities between India and Australia. The Indian economy is growing at a healthy pace and reached about USD 3.5 trillion and there are plans to take it to USD 32 trillion in the next 25 years. “Growth in the future is going to be huge…Australia really needs to work harder to develop its relations with India,” she said, adding India has taken several steps to attract foreign investments by cutting approvals and regulations.

WA mining billionaire Gina Rinehart has held talks with Indian Prime Minister Narenda Modi during his Australian visit, days after it was revealed her company is looking at a lithium partnership with India’s biggest iron ore miner. Mrs Rinehart, speaking to media on Tuesday after her meeting with Mr Modi, said the discussions were “exciting” and the trade potential between the two countries was “huge”. ‘“It was a very interesting and exciting meeting with PM Modi, who I have met with several times in the past, in both Australia and New Delhi,” she said.

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 lithium assets. Speaking to media after the meeting on Tuesday, Mrs Rinehart said India had seen unprecedented economic growth under his leadership and investment-friendly policies. “The growth recently has been huge, the growth in the future is going to be huge. Australia really needs to work harder to develop its relations with India,” she said.