Latest News
Catch up on the latest news and insights from Atlas.
Iron ore was a game of two halves in 2021. There’s reason for both pessimism and optimism in 2022
If ever there was a game of two halves it was iron ore in 2021. The first half of the year was something we’ve never seen before and may never see againProfits and dividends went through the roof. Australia’s biggest five iron ore miners — BHP (ASX:BHP), Rio Tinto (...
Read more
Prospect Awards finalists exhibit mining’s best
Finalists in 2021 include Atlas Iron, iCutter Industries and Sandvik. Atlas Iron attracted plenty of attention for its record-breaking contract to Indigenous business East-West Pilbara (EWP) for load and haul, and drill and blast services for the new Miralga Creek mine in Western Australia. The Hancock Prospecting subsidiary saw EWP as ...
Read more
Rinehart backs carbon tech play
A TECHNOLOGY that uses renewable energy-powered electrolysis at low temperature to convert carbon dioxide into reusable carbon and oxygen has been backed by Gina Rinehart’s Hancock Prospecting. Called Carbelec, the technology is being developed by researchers at the University of Melbourne. Those researchers claim the technology could be a ...
Read more
University of Melbourne and Hancock Prospecting team up to advance carbon conversion technology
Hancock Prospecting Chief Executive Officer Garry Korte said the potential benefits of Carbelec should be significant and far-reaching, noting that steel makers could continue to benefit from the reliable and consistent supply of Pilbara ores, while also achieving their decarbonisation goals with both current and emerging steel technologies. “Hancock Prospecting’...
Read more
University of Melbourne and Hancock Prospecting team up to advance carbon conversion technology
Media Release 14 December 2021.
Read more
Roy Hill and Atlas Iron long serving staff recognition: Dinner under Stars
Speech by Executive Chairman Mrs. Gina Rinehart, Thursday 2 December 2021.
Read more
MinRes, Hancock strike infrastructure deal
MINERAL Resources has locked in port and rail agreement with Hancock Prospecting, ensuring it can export iron ore from its assets in Western Australia’s Pilbara that were once considered stranded. MinRes and Hancock announced the agreement on November 29, which will involve the development of an iron ore export hub ...
Read more
MinRes and Hancock team up in the Pilbara
While co-operation among Pilbara iron ore miners is rare, MinRes has an existing relationship with Hancock via its mining services division. "We look forward to working with Hancock, Roy Hill, PPA and the state government to progress this project which would help unlock stranded assets in the Pilbara and would ...
Read more
MinRes, Roy Hill, Hancock have big port plans
Ellison said yesterday the agreement with Hancock and Roy Hill was the first of its kind in the Australian resources industry. "Our long-stated strategy is to transition from short-life, high-cost mines to lower-cost, longlife operations underpinned by innovative infrastructure solutions," he said.
Read more
Infrastructure Deal Could Help Mineral Resources Develop Marillana
Mineral Resources' infrastructure agreement with Roy Hill and Hancock Prospecting could enable the ASX-listed miner to develop stranded iron-ore resources such as its Marillana project, Macquarie says. "A development of Marillana and the infrastructure agreement presents upside risk to our base-case earnings and valuation for MIN," says Macquarie, which doesn't ...
Read more
Mineral Resources (ASX:MIN) enters agreement with Hancock and Roy Hill
Mineral Resources (MIN) has entered into a rail and port agreement with Hancock Prospecting and Roy Hill.“Our long-stated strategy is to transition from short-life, high-cost mines to lower-cost, longlife operations underpinned by innovative infrastructure solutions. Developing our stranded assets will provide additional growth for MIN’s unique mining services ...
Read more
Rinehart and Ellison join forces to create new iron ore export hub
Hancock Prospecting outlined its plans for a number of new iron ore developments both at its own 1Bt-plus Mulga Downs deposit and through subsidiary Atlas Iron in its annual report on Friday, in which Rinehart’s company posted an eye-watering $7.3 billion profit for FY2021. MinRes, Hancock and Roy Hill have ...
Read more
Gina Rinehart, Mineral Resources’ Chris Ellison strike Pilbara port, rail deal
WA mining identities Gina Rinehart and Chris Ellison will join forces in a landmark deal to develop new port facilities at South West Creek in Port Hedland to help unlock stranded iron ore assets in the Pilbara. Mr Ellison described the partnership and infrastructure-sharing deal as the first of its ...
Read more
Hancock & MRL reach agreement for port & rail joint-venture
Hancock Prospecting Pty Limited (Hancock) and Mineral Resources Limited (MRL) are pleased to announce that they have entered into a legally binding agreement under which they will jointly investigate the potential to develop a new iron ore export facility at the Port of Port Hedland’s Stanley Point berth 3 in ...
Read more
6PR Interview | Liam Bartlett speaks with Dean Nalder
Discussion in relation to Gina Rinehart suggested innovations of change to the aged pension system.
Read more
RINEHART’S ATLAS POSTS ALMOST $1BN PROFIT
It also sets the scene for Hancock to reveal what will almost certainly be the biggest profit for a private Australian company later this year. Mrs Rinehart said the importance of mining to Australia had “never been more evident during (2021), a time in which I am immensely proud of Atlas ...
Read more
Atlas maps out iron-clad profit for a third year
Atlas operates the Mt Webber mine 230km from Port Hedland in WA and the newly commissioned Sanjiv Ridge mine that had its first shipment in the 2021 finance year. The Atlas profit comes after Mrs Rinehart's huge Roy Hill mine served up a massive $4.4bn net profit for the year to ...
Read more