News Articles for Hancock Prospecting

Gina Rinehart-led Hancock Prospecting has received approval to build a $250 million business hub in West Perth, which will include accommodation for visiting executives.

A state government committee is scheduled to decide on Hancock Prospecting's $250 million office proposal in less than 24 hours.

The mining sector paid more tax than all other sectors combined for a third consecutive year, led by iron ore heavyweights Rio Tinto and BHP with their multi-billion-dollar tax bills for 2023-24.

The value of Gina Rinehart's rare earths portfolio has more than tripled to about $2.69 billion on a share price rally since the sector was upended and governments intervened to break China's stronghold.

Gina Rinehart-controlled Roy Hill Iron Ore has failed in a Supreme Court application to protect ownership of two mining leases in its $12 billion operation.

Gina Rinehart has positioned Hancock Prospecting among the next consortium of firms competing for Saudi exploration licences.

Australia's strong showing at the recent 2025 World Aquatics Championships in Singapore has been praised and rewarded by Australia's wealthiest person, Gina Rinehart.

Macmahon Holdings has booked a further $144 million in civil works contracts, including provisions to deliver further upgrades to Marble Bar Road in the East Pilbara.

The City of Perth has started consultation on a bid by Gina Rinehart to build a helipad, as part of a planned multi-million-dollar development of Hancock Prospecting's West Perth business hub.

Kerman Contracting has won a $170 million contract to design and build non-process infrastructure at Rio Tinto's Hope Downs 2 mine.

Lynas Rare Earths chief Amanda Lacaze has weighed in on Gina Rinehart's role in the failed $10 billion mega-merger of her company and MP Materials, which broke down last year.

Gina Rinehart has lashed net zero as “unobtainable and expensive”, while celebrating Hancock Prospecting and Rio Tinto's Hope Downs 2 $2.5 billion investment call.

Rio Tinto and Hancock Prospecting will invest $2.47 billion into the development of the joint venture's Hope Downs iron ore asset in the Pilbara.

Premier Roger Cook and Treasurer Rita Saffioti have been named the state's most powerful people, edging out mining magnates Gina Rinehart and Andrew Forrest in the 2025 Power 500.

Australian mining magnate Gina Rinehart is bringing Roy Hill and Atlas Iron under the new banner of Hancock Iron Ore to make the iron ore producers "more productive".

Shares in local critical minerals stocks soared during trade on Thursday, with shares in Lynas Rare Earths reaching a price not seen in two years.

Pilbara Minerals managing director and chief executive Dale Henderson says the lithium sector should consider how Australia can become more competitive against other global markets.

Australia's richest person has blamed a Trump scare campaign by the “left media” for the Coalition's landslide election loss over the weekend.

Premier Roger Cook has defended the state's heritage protections, after a report emerged that Gina Rinehart's Hancock Prospecting plans to demolish a 120-year-old cottage in West Perth.

The Gina Rinehart-led company plans to develop new headquarters in West Perth following its acquisition of multiple sites.

Despite the development hype around green projects, the pipeline of traditional resources developments shows mining is still king.

The family company established by Pilbara mining pioneer, the late Don Rhodes, has reported another bumper profit as it continues to benefit from very large iron ore royalty payments.

OPINION: Investors are voting with their wallets with big spending agendas in the Pilbara

Mining magnate Gina Rinehart has set her sights on new exploration ground in Saudi Arabia as the Kingdom looks to lessen its oil dependency.

There have been big shifts in the ranking of WA's largest, and most profitable, private companies over the past year.

Two Western Australian billionaires have applied to install signage on their office buildings but only one was approved by the City of Perth council.

Unionisation of the Pilbara's iron ore industry could curtail BHP's plans to invest in new mines, according to the company's boss, Mike Henry.

Hancock Prospecting has hit a planning hurdle in its bid to put up a large sign at its West Perth office, with the City of Perth recommending it be refused.

Hancock Prospecting spent $500,000 on donations to arms of the Liberal Party last financial year, in search of a government "more attuned to Australians".

Strike Energy has not ruled out asset divestment as part of a strategic review of its operations, while its new management prepares to meet joint venture partner Hancock Prospecting today.

Gina Rinehart-backed Arafura Rare Earths has received an additional $200 million in funding from the federal government towards its Nolans project in the Northern Territory.

ANALYSIS: As MinRes prepares for a future without its founder, Gina Rinehart's Hancock Prospecting has moved on its gas business and countercyclically acted on an appetite for lithium.

The near-term supply outlook for Western Australia's domestic gas market has improved this year, but 2028 looms as a critical juncture in the state's energy future.

Hancock Prospecting has completed its $1.13-billion acquisition of two Mineral Resources oil and gas exploration permits.

The falling iron ore price has had a big impact on WA's wealthiest.

The state's peak planning body has approved Mineral Resources' $850 million Lockyer gas plant, a project set to be owned by Hancock Prospecting.

Strike Energy will build its $137 million South Erregulla gas power plant, but a final call on its West Erregulla joint venture development with Hancock Prospecting has been pushed back.

Gina Rinehart has stepped up her calls for Australia to cut regulation and taxes while also borrowing from US president-elect Donald Trump with the pro-oil slogan ‘Drill Baby Drill'.

Hancock Prospecting will take over some of Mineral Resources' negotiations in the $850 million Lockyer gas project, following the $1.1 billion deal between the companies.

An Indian government-backed company which part-owns a $5-billion iron ore project controlled by Hancock Prospecting has been released from ASX purgatory.