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Indian giant buys Hancock coal for $US1.26bn

Indian infrastructure giant GVK Group will pay Gina Rinehart’s Hancock Prospecting $1.26 billion for most of the company’s coal and infrastructure projects in Queensland’s Galilee Basin.

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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↑Quadrant Energy$1.02bn
113 private companies - large ranked by revenue most recent financial year

Year established in WA

19th-D'Orsogna1949
20th-Mrs Mac's1954
21st-Hancock Prospecting1955
22nd-Floveyor1958
23rd-Karragullen Cool Storage1962
41 WA business dynasties ranked by year established in WA

Number of Employees

Private Companies - Large

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