Gina Rinehart is chairman of Hancock Prospecting and one of the beneficiaries of the company.

Hancock profit tops $1bn mark

Gina Rinehart’s Hancock Prospecting Group more than doubled profit to $1.1 billion in the year to June, the highest level since 2011, with the company paying or providing for $767 million in dividends to the family.


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west leederville
So, the state gives the rights to mine the assets of the state to a private individual and that individual becomes grossly, grossly wealthy. Any mining engineer or, in fact, anyone with a brain could develop the state's resources. It's easy. Once you have the rights to the ore you just employ consultants and other experts to do the hard work for you. Gina Rinehart doesn't have any particular skills that warrant such a reward. Come on politicians, sort this out. The state's 'in-ground' assets have been highjacked because of very poor policy.

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WA export revenue

6th↑CBH Group$3.10bn
7th-Alcoa of Australia$3.00bn
8th-Roy Hill Holdings$3.00bn
49 exporters ranked by WA export revenue most recent financial year

WA revenue

1st↑Hancock Prospecting$4.45bn
2nd-Roy Hill Holdings$2.30bn
3rd↓BGC AustraliaNFP
4th↑Competitive Foods Australia$1.38bn
5th↑Wilson Parking$1.14bn
106 private companies - large ranked by revenue most recent financial year

Number of Employees

Private Companies - Large

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