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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$3.00bn
7th-Alcoa of Australia$4.10bn
8th-Roy Hill Holdings$3.84bn
9th-Chevron$4.40bn
10th↑South32$2.21bn
50 exporters ranked by WA export revenue most recent financial year

Revenue

1st-Hancock Prospecting$6.04bn
2nd-Roy Hill Holdings$3.84bn
3rd-BGC Australia$2.50bn
4th↑Wilson Parking$1.15bn
6th↓ABN Group$910.5m
114 private companies - large ranked by revenue most recent financial year

Number of Employees

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