Latest News
Catch up on the latest news and insights from Atlas.
FIRB gives Senex Energy (ASX:SXY) takeover the green light
Shareholders will vote on the deal in March, with the Senex Board recommending its shareholders to vote in favour of the deal. Each member of the board intends to vote all shares they own in favour of the deal. If successful, the deal is subject to be completed in March ...
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Gina Rinehart, Posco seal Senex Energy deal
Billionaire Gina Rinehart and South Korea’s Posco International have won control of Senex Energy following a shareholder vote with the Queensland gas producer forced to defend the value of the deal amid a rapid surge in oil prices. Hancock first approached Posco about a joint tilt for the gas ...
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Rinehart and Korea’s Posco take over Senex Energy
Senex Energy has ended its 37-year stint on the ASX boards, with a majority of shareholders approving the $900 million takeover of the east coast oil and gas company amid the global turmoil in energy markets.
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Russia’s invasion of Ukraine has exploded our renewables myth
The devastating Russian invasion of Ukraine has captured global attention. While the world’s focus is rightly on the human toll and suffering, the crisis has highlighted the need to end reliance on Russian oil and gas. To achieve that ambition, we must be pragmatic and invest in sensible alternatives, ...
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Gina Rinehart eyes magnetite opportunity for Atlas Iron
WA mining billionaire Gina Rinehart has formally pushed the button on her magnetite iron ore ambitions with Atlas Iron launching a feasibility study on its Ridley project in the Pilbara. Chief executive Sanjiv Manchanda said while the prevailing skills shortage, long lead times for regulatory approvals and lead times for ...
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Gina Rinehart’s Atlas Iron dusts off boom-era magnetite iron ore plans
Gina Rinehart’s Atlas Iron has flagged plans to join the push towards building a magnetite iron ore industry in Australia, dusting off boom-era plans to study the company’s 2 billion tonne Ridley deposit. “While the current environment of skills shortage, long lead times for regulatory approvals and lead times ...
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Atlas Iron gets first ore at Miralga Creek
Hancock Prospecting subsidiary Atlas Iron has announced its Miralga Creek iron ore mine in Western Australia has achieved first ore earlier than expected. “We are pleased to have reached this significant milestone with the first trucks leaving for port,” Atlas Iron chief executive officer Sanjiv Manchanda said. Miralga Creek is ...
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First ore from Miralga Creek
Atlas Iron's Miralga Creek mine has produced its first iron ore, with the project built by a joint venture including Indigenous contractor East West Pilbara. Atlas is part of the Hancock Prospecting business of entrepreneur Gina Rinehart, and operates two other iron ore mines at Mount Weber and Sanjiv Ridge. ...
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Congratulations Royal Flying Doctor service for again being ranked , Australia’s most reputable charity, for 10th year in a row!
Thank you for your essential service throughout the outback.
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Pensioner Reform Policy Briefing & National Seniors Australia let pensioners work campaign | Link
This campaign will fight for a retirement income system based on principles of adequacy, sustainability, certainty and fairness.
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Special welcome message to Mrs Gina Rinehart from Beijing Winter Olympic Games
Olympic silver medallist and current world champion snowboard Jarryd Hughes talks to us from the Games and welcomes Mrs Rinehart and the Hancock Group to the Olympic family and thanks for the support to help Australia win GOLD! #olympics #olympics2022
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State’s $5b ore inspiring surplus
Unexpectedly resilient iron ore prices have WA on track to double the projected 2021-22 Budget surplus to nearly $5 billion and hand the McGowan Government a second consecutive cash bonanza. That comes after WA banked a record $5.84 billion surplus last financial year - the biggest ever by any State - which ...
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Tattarang surges to hit $5bn revenue
Hancock had net assets of $20.4 billion at June 30 while its gearing ratio (debt to equity) has been cut from 55 per cent to 1 per cent over the past three years. That gives it enormous capacity to pursue expansion. This would include a rail spur linking to the Roy Hill railway, which ...
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Media Release: AOC and Hancock Prospecting in change-making partnership
Friday January 28, 2022.
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Happy Australia Day from all the team at Atlas Iron
Wishing you a safe and happy Australia Day 2022.
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The powerful iron ore miners in McGowan’s corner
Gina Rinehart, now reaping the rewards of her Roy Hill mine, and Chris Ellison from Mineral Resourcesboth strongly pushed for the state’s continued isolation but Rio Tinto and BHP are also believed to have been quietly supportive when consulted by the Premier earlier this month. Given the variant has ...
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How COVID-19 could ‘incapacitate’ WA FIFO camps after February 5
Miners could face the end of two years of prosperity where they remained almost untouched by COVID-19 within Premier Mark McGowan’s fortress WA when the state opens up in three weeks. Curtin University infectious disease expert Archie Clements likened WA’s isolated mining fly-in fly-out camps to islands that ...
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Rinehart progresses Hardey iron ore
“I am particularly delighted that Hancock is joining forces with Boawu, the largest steelmaker in the world,” Hancock executive chairman Gina Rinehart said. “Whilst Hancock already has a long-standing successful partnership with POSCO through our Roy Hill mega project, and a great relationship with Chinese companies who helped us deliver ...
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