We admire your commitment to the growth and development of Australian sporting talent, which spans over three decades. Thank you for your investment in the Australian Diamonds, and your valuable contribution to the success of netball in Australia. Your support is integral to the future of the Australian diamonds. Both Hancock Prospecting and the Australian Diamonds are aligned in our successes and values.
Rinehart’s Hancock Prospecting has been announced as the principal partner for the Australian team until the end of 2025, with the undisclosed amount of money going directly into the high-performance program. It is a massive boost to Netball Australia, which has lost $7.2m over the past two years and is needing to pay $4m in debts at the end of 2022 after a going concern notice was issued. “This is a major investment for our sport, and is a huge contribution towards the ongoing success of the Diamonds,” Netball Australia chief executive Kelly Ryan said. “We are incredibly grateful to this leading Australian private company, Hancock Prospecting, for its significant support and partnership. Rinehart has been investing in several sports in recent years, backing swimming, volleyball, synchronised swimming and rowing.
Netball Australia’s precarious financial position has eased with billionaire Gina Rinehart backing the Diamonds in a lucrative sponsorship deal. Rinehart’s company, Hancock Prospecting, will support the Diamonds until the end of 2025, with the money to go towards the team’s high performance program. Earlier this year the sport’s cash crisis was revealed, with the COVID-19 pandemic contributing to losses of more than $7 million over the past two years. “We are incredibly grateful to this leading Australian private company, Hancock Prospecting, for its significant support and partnership.”
Australia’s richest person, Gina Rinehart, has thrown Netball Australia a multimillion-dollar financial boost by backing in the national team the Diamonds with a blockbuster sponsorship. Mrs Rinehart’s company Hancock Prospecting has joined with the Diamonds until the end of 2025, with the money to go directly into the team’s high-performance program. Netball Australia chief executive Kelly Ryan said the code was “incredibly grateful” for Mrs Rinehart’s timely support.“This is a major investment for our sport and is a huge contribution towards the ongoing success of the Diamonds,” Ms Ryan said. “We are incredibly grateful to this leading Australian private company, Hancock Prospecting, for its significant support and partnership. “Hancock Prospecting is investing directly into the Diamonds high-performance program, allowing Netball Australia to maintain its position as the cornerstone of women’s sport in Australia. It’s the fifth Australian sport Mrs Rinehart has supported, in an effort to bolster their international success.
“From 2025 onwards, we’ll need basically a mine a year for a few years as we continue to reposition our business and drive towards our capacity targets but also it just gives us a stronger foundation on our mining side,” he said. The 25 million tonne-a-year Western Range project will help sustain production of the company’s flagship Pilbara Blend product from its existing Paraburdoo mining hub, as the Eastern Range project depletes. It will include a primary crusher and an 18km conveyor system linking it to the existing Paraburdoo plant. Construction is expected to begin early next year with first production anticipated in 2025.
West Coast Fever have signed one of the biggest principal partnerships in their history as they continue to reap the benefits from winning a maiden premiership. The Fever will announce on Friday a deal with Gina Rinehart’s Roy Hill, worth $2m over four years. Roy Hill chief executive Gerhard Veldsman said the partnership was another opportunity for the mining sector to champion women’s sport. “Mrs Gina Rinehart our Executive Chairman has long been a leading supporter of women’s sport, indeed Australia’s biggest supporter, so it is very fitting we partner with West Australia’s number #1 sport for women and girls.“Our champion netballers are outstanding role models for hundreds of thousands or more of girls and young women. “They embrace a culture of high performance, fair play, and great teamwork – the sorts of qualities and culture we at Roy Hill enjoy and promote.”
West Coast Fever and Roy Hill are excited to announce a new Principal Partnership between the two West Australian organisations for the next four years.The partnership will also see Roy Hill become a Partner of Netball WA as part of multi-million-dollar agreement. Roy Hill CEO Gerhard Veldsman said the partnership was another opportunity for the mining sector – which has championed WA’s economy – to champion women’s sport. “When mining does well, so does West Australia and the entire country. In turn this enables us to support those who strive to represent our State on the national stage and make us all proud” he said. “Mrs Gina Rinehart our Executive Chairman has long been a leading supporter of women’s sport, indeed Australia’s biggest supporter, so it is very fitting we partner with West Australia’s number #1 sport for women and girls.”
