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The Grassy Mountain project will produce metallurgical coal, for steel making.

Hancock passes 85% in Riversdale takeover

Gina Rinehart's Hancock Prospecting appears to have emerged victorious in its $644 million bid to acquire metallurgical coal hopeful Riversdale Resources, after Resource Capital Funds accepted the deal.

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Revenue

1st-Hancock Prospecting$6.04bn
2nd-Roy Hill Holdings$3.84bn
3rd-BGC Australia$2.50bn
4th↑Wilson Parking$1.15bn
5th↑Byrnecut$991.4m
116 private companies - large ranked by revenue most recent financial year

Year established in WA

18th-Piacentini & Son1944
19th-D'Orsogna1949
21st-Hancock Prospecting1955
22nd-Floveyor1958
44 WA business dynasties ranked by year established in WA

Number of Employees

Private Companies - Large

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