Latest news with #HancockProspecting
AU Financial Review
22-07-2025
- Business
- AU Financial Review
Gina wants a helipad on top of her pink building in Perth
Just weeks after the City of Perth hosted Hancock Prospecting's namesake Australia Day fireworks, the mining giant's development team made their way back down St Georges Terrace – this time with a request. Representatives from the family empire of Australia's richest person, Gina Rinehart, met with city officials at Council House in February to discuss adding a helipad to its $20 million revamp of Roy Hill's new West Perth headquarters.
Sydney Morning Herald
16-07-2025
- Politics
- Sydney Morning Herald
Gina Rinehart's right-hand woman Teena McQueen out the door at Hancock
Just last year, colourful Liberal Party identity Teena McQueen was at Mar-a-Lago celebrating Donald Trump's electoral triumph alongside her boss, Australia's richest person Gina Rinehart and Nigel 'Mr Brexit' Farage, the betting markets' pick for next British prime minister. McQueen, a regular talking head on Sky News' after-dark programming, joined the Hancock Prospecting payroll in 2022 as a group principal policy adviser to the executive team, and has, since acted as a kind of Robin to Rinehart's Batman, travelling with the boss to Florida last year and hanging out at Trump's estate for the long victory celebrations. But no more. CBD hears McQueen is out of her role at the Hancock Prospecting family. Rinehart's normally helpful team issued a swift 'no comment' in response to our queries. But McQueen told us she would be taking some time off for family issues. 'She's still a very good friend and wonderful person,' she said of her billionaire pal. Loading McQueen, a former federal Liberal vice-president, was at the time of her hiring by Rinehart subject to a gag order by the party following a train wreck appearance on Q&A. MCQueen has managed to outlive the ABC program which was euthanised a few months ago, and has recently made a name for herself through some fairly full-blooded interventions in WhatsApp groups. When broadcaster Alan Jones was charged with indecent assault offences last year (which he denies and is contesting), McQueen sprung to action, telling a Liberal group chat the whole thing was 'absolute bullshit'. More recently, she told another group chat a petition calling for gender quotas in the Liberal Party was 'disgraceful'. Although as this column reported, someone calling themselves 'Teena McQueen' – in jest – did sign that very same petition.
Yahoo
30-06-2025
- Business
- Yahoo
Rio Tinto And Hancock To Invest In Hope Downs 2 Project In Pilbara
Rio Tinto Group (NYSE:RIO) is among the 11 Best Copper Stocks to Buy Now. The firm and Hancock Prospecting will invest $1.61 billion, with Rio Tinto Group (NYSE:RIO) contributing $800 million, to develop the Hope Downs 2 iron ore project in the Pilbara area of Western Australia. Aerial view of an open pit mine, with workers extracting minerals. Two above-water-table pits with a combined yearly production capacity of 31 million tonnes will be part of the project, which has obtained all necessary State and Federal licenses. More than 950 jobs will be created during construction, and the operation will support about 1,000 full-time equivalent positions at Greater Hope Downs. It is anticipated that the first ore will be mined in 2027 and then delivered to Hope Downs 1 for processing. Rio Tinto Group (NYSE:RIO) and Hancock Prospecting have a long-standing cooperation, which was marked with the establishment of the Hope Downs Joint Venture in 2006. Hope Downs 1 started production in 2007, subsequently followed by Hope Downs 4 in 2013. Hope Downs 2 will feature additional infrastructure, rail crossings, transport roads, and a 6-kilometer realignment of the Great Northern Highway. Rio Tinto Group (NYSE:RIO)'s plan to maintain Pilbara output, which targets 345–360 Mtpa capacity, is backed by the project. The $13 billion investment plan (2025-2027) and an initial feasibility study at Rhodes Ridge show the company's sustained commitment to Pilbara iron ore. It is among the best copper stocks. While we acknowledge the potential of RIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
Yahoo
30-06-2025
- Business
- Yahoo
Rio Tinto And Hancock To Invest In Hope Downs 2 Project In Pilbara
Rio Tinto Group (NYSE:RIO) is among the 11 Best Copper Stocks to Buy Now. The firm and Hancock Prospecting will invest $1.61 billion, with Rio Tinto Group (NYSE:RIO) contributing $800 million, to develop the Hope Downs 2 iron ore project in the Pilbara area of Western Australia. Aerial view of an open pit mine, with workers extracting minerals. Two above-water-table pits with a combined yearly production capacity of 31 million tonnes will be part of the project, which has obtained all necessary State and Federal licenses. More than 950 jobs will be created during construction, and the operation will support about 1,000 full-time equivalent positions at Greater Hope Downs. It is anticipated that the first ore will be mined in 2027 and then delivered to Hope Downs 1 for processing. Rio Tinto Group (NYSE:RIO) and Hancock Prospecting have a long-standing cooperation, which was marked with the establishment of the Hope Downs Joint Venture in 2006. Hope Downs 1 started production in 2007, subsequently followed by Hope Downs 4 in 2013. Hope Downs 2 will feature additional infrastructure, rail crossings, transport roads, and a 6-kilometer realignment of the Great Northern Highway. Rio Tinto Group (NYSE:RIO)'s plan to maintain Pilbara output, which targets 345–360 Mtpa capacity, is backed by the project. The $13 billion investment plan (2025-2027) and an initial feasibility study at Rhodes Ridge show the company's sustained commitment to Pilbara iron ore. It is among the best copper stocks. While we acknowledge the potential of RIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
Yahoo
30-06-2025
- Business
- Yahoo
Rio Tinto And Hancock To Invest In Hope Downs 2 Project In Pilbara
Rio Tinto Group (NYSE:RIO) is among the 11 Best Copper Stocks to Buy Now. The firm and Hancock Prospecting will invest $1.61 billion, with Rio Tinto Group (NYSE:RIO) contributing $800 million, to develop the Hope Downs 2 iron ore project in the Pilbara area of Western Australia. Aerial view of an open pit mine, with workers extracting minerals. Two above-water-table pits with a combined yearly production capacity of 31 million tonnes will be part of the project, which has obtained all necessary State and Federal licenses. More than 950 jobs will be created during construction, and the operation will support about 1,000 full-time equivalent positions at Greater Hope Downs. It is anticipated that the first ore will be mined in 2027 and then delivered to Hope Downs 1 for processing. Rio Tinto Group (NYSE:RIO) and Hancock Prospecting have a long-standing cooperation, which was marked with the establishment of the Hope Downs Joint Venture in 2006. Hope Downs 1 started production in 2007, subsequently followed by Hope Downs 4 in 2013. Hope Downs 2 will feature additional infrastructure, rail crossings, transport roads, and a 6-kilometer realignment of the Great Northern Highway. Rio Tinto Group (NYSE:RIO)'s plan to maintain Pilbara output, which targets 345–360 Mtpa capacity, is backed by the project. The $13 billion investment plan (2025-2027) and an initial feasibility study at Rhodes Ridge show the company's sustained commitment to Pilbara iron ore. It is among the best copper stocks. While we acknowledge the potential of RIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
