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Catch up on the latest news and insights from Atlas.
Big profit boost for Atlas
Atlas' sales increased by 6.6% to 9.7 million tonnes, while revenue was up 66% to $1.7 billion due to a 58% increase in average realised iron ore prices. The company successfully completed construction of the Sanjiv Ridge iron ore mine and started hauling ore one month ahead of schedule. Atlas has turned its attention to ...
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ATLAS PROFIT ROCKETS
Ms Rinehart, used the release of Atlas' results to warn that an "efficient and effective" frame work for the development of new projects free of duplication would be vital to attract the money needed to build the mines of the future. "When mining does well, so does Australia," she said. "...
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Atlas rides iron ore wave
Hancock Prospecting-owned Atlas Iron is the latest player to reap the benefits of a buoyant iron ore market, posting a $938 million profit for the end of the financial year. Group chair Gina Rinehart said she was immensely proud of her company’s performance but warned industry should be wary of “...
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Gina Rinehart’s Atlas Iron posts near $1bn profit in big year for the billionaire’s iron ore assets
Atlas Iron has delivered billionaire Gina Rinehart almost $1.5bn in profits in only three years, since she beat fellow mining magnates Andrew Forrest and Chris Ellison to acquire the junior miner for $427m. The Pilbara iron ore miner’s net profit soared by 146 per cent to $938m for the 2021 financial ...
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Gina Rinehart renews red tape warning for new mining projects as Atlas Iron profit skyrockets
“The importance of mining to Australia has never been more evident than during the 2020/21 financial year, a time in which I am immensely proud of Atlas and our people and their contribution to safeguarding the economic prosperity of West Australia and Australia,” Ms Rinehart said. “The mining industries and the ...
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FY2021 Results for Atlas Iron Pty Ltd
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Mining magnate Gina Rinehart backs changes to age pension system to keep older workers on the job
“We are a supporter of the government changing its policy where pension arrangements are concerned, so that pensioners can work should they so choose, without onerous tax resulting from their decision to work. “Hancock is a very patriotic company that supports investment in Australia, primary industries and jobs in WA ...
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Interview with National Seniors Australia Chief Advocate Ian Henschke.
Henschke says he was pleased to see Gina Rinehart has come out and talked about this, noting business leaders watching them tonight are saying they need the workers to be able to do the jobs they require at the moment.
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Mining magnate Gina Rinehart looks to expand iron ore empire into WA’s Goldfields region
Mining magnate Gina Rinehart has struck a deal to buy into an iron ore project in WA's northern Goldfields, further expanding her iron ore empire which includes the Roy Hill mine in the Pilbara. Hawthorn Resources managing director Mark Kerr described it as a "transformational deal" for the company. "Hawthorn ...
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Mining magnate Gina Rinehart backs changes to age pension system to keep older workers on the job
“Hancock recognises the shortage of staff Australia-wide disrupts many projects and delays supplies,” Mrs Rinehart said. “We are a supporter of the Government changing its policy where pension arrangements are concerned, so that pensioners can work should they so choose, without onerous tax resulting from their decision to work. “Hancock ...
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Announcement | Hancock earn-in with Mt Bevan magnetite project
Hancock Magnetite Pty Ltd (HMPL), a wholly owned subsidiary of Hancock Prospecting Pty Ltd (Hancock), is pleased to confirm that it has entered into an exclusive agreement to earn-in to the Mt Bevan Project.
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Remembrance Day |
11 November 2021
They shall grow not old, as we that are left grow old: Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning. We will remember them.
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Atlas Iron pursues Sanjiv expansion
Hancock Prospecting’s Atlas Iron is progressing plans to expand its Sanjiv Ridge iron ore project, with the EPA reviewing the development of a satellite mine to boost production.
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A million reasons to smile
Roy Hill employees have banded together to donate $1 million to iconic Western Australian children’s charity Telethon in 2021. Across our operations from Perth to the Pilbara, and with the support and generosity of our Executive Chairman, Mrs Rinehart, we’re delighted to support the Telethon Trust and the amazing organisations ...
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A Fortunate Life: Tad Watroba
Tad Watroba describes himself as ‘the most fortunate mining engineer there is’. After more than 45 years in the business, his drive and passion are as fierce today as when he began his first job down a mine after graduating in 1973 from Krakow’s AGH University of Science and Technology, then ...
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Vale and Asian miner seek Brazil nod to fast-track mine project
Mining giant Vale SA and an Asian-owned metals producer are among the first to tap a Brazilian program that aims to cut red tape and speed up mining projects in the South American nation.
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Atlas Iron awards unprecedented contract for Indigenous business
“We are so delighted to be sharing this vision with the Nyamal people, specifically via EWP which is the culmination of a long held desire from Troy’s grandfather to access economic benefits for his people. “We understand it is the first partnership between a company like ours and a ...
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