Latest News
Catch up on the latest news and insights from Atlas.
Atlas Iron’s first dividend delivers Rinehart $225m
Gina Rinehart will pocket a $225 million dividend from her junior Pilbara miner Atlas Iron, despite weaker iron ore prices sending its profits tumbling last year.
Read moreRinehart’s Atlas Iron keeps up IR attack as it delivers $225m dividend
Gina Rinehart-controlled Atlas Iron has doubled down on her warnings about the Albanese government’s industrial relations changes after delivering its first dividend for the mining billionaire. Atlas Iron chief executive Sanjiv Manchanda said a strike in Western Australia’s iron ore-rich Pilbara region would hurt indigenous communities as well ...
Read moreBusiness community warns Labor’s IR laws will result in 1970s-style strikes and job chaos
“Businesses will carry a much heavier regulatory burden which inevitably leads to less productive workplaces. It is not a long term recipe for wage growth, it is the opposite.” WA’s mining giants including Gina Rinehart’s Hancock Prospecting and Rio Tinto have been among the most vocal critics, saying ...
Read moreCongratulations to the Hancock Group’s Executive Chair Dr. Gina Rinehart AO on her outstanding leadership
This year marks a very special milestone for the Hancock Prospecting Group – a celebration for Mrs. Gina Rinehart ao who has strongly led the Group for 30 years in her role as Executive Chair. During this time, Mrs. Rinehart has led the company to become one of the most successful private ...
Read moreWA launches infrastructure-specific initiative
WA launches infrastructure-specific initiative he Western Australian Government has launched the Resources Community Investment Initiative which will facilitate investment in iconic state infrastructure projects and community and social initiatives across WA. The initial commitments total $750 million, with $250 million from Rio Tinto, $250 million from BHP, $100 million from Hancock Prospecting, Roy Hill ...
Read moreRio Tinto: Albo’s plan a handbrake on wages & economy
The Federal Government wants to pass legislation for the overhaul, including controversial measures increasing access to multi-employer bargaining, through the Parliament before Christmas. Mr Trott's comments come a day after Gina Rinehart's Hancock Prospecting warned forcing multi-employer bargaining on to the mining sector would jeopardise billions of dollars in future ...
Read moreBILLION DOLLAR BABY
Six of WA's biggest miners Rio Tinto, BHP, Hancock Prospecting, Woodside, Chevron and Mineral Resources were on Tuesday confirmed as the inaugural donors to the Resources Community Investment Initiative. Unveiling the new fund which will be used to pay for major "legacy" projects like the $400m Aboriginal Cultural Centre and ...
Read moreCity of Light: Perth in Christmas spirit during Christmas drone show over Elizabeth Quay
“We’re lighting up the City this summer and there’ll be something for everyone to enjoy — see you in our City of Light,” Mr Zempilas said. The City of Light shows are presented by the Hancock Group of companies, including Hancock Prospecting, Roy Hill and Atlas Iron.
Read moreMedia Release | City of Perth | Summer nights aglow with City of Light Shows
“Perth is synonymous with light and after the success of the CBD’s first drone show this February, the City of Light shows will honour our new brand and reinforce that no city lights up like Perth,” City of Perth Lord Mayor Zempilas said. The City of Light Shows are ...
Read moreGina Rinehart named WA Pinnacle Awards’ Business Leader of the Year
Australian mining billionaire Gina Rinehart has been celebrated for her outstanding leadership journey after being crowned WA Pinnacle Awards’ Business Leader of the Year. Judges on Thursday night acknowledged Mrs Rinehart’s transformation of Hancock Prospecting from a company with significant potential, to a top-tier firm employing thousands of people ...
Read moreAtlas Iron Recognised at Australian Mining Prospect Awards 2022
Atlas won the Indigenous and Community Engagement Award for it’s awarding it’s joint venture mining contract for the Miralga mine to East West Pilbara (EWP) and Ozland in August 2021. Atlas Iron’s General Manager – Projects, Stacey Brown, was recognised with the Project Lead of the Year Award for ...
Read moreAustralia’s ‘nice problem’ from the Ukraine war
“It’s a nice problem to have,” said CommSec chief economist Craig James. “Demand for our commodities is soaring, and our trade surplus remains significant. Dollars are being injected into the economy at a time when the Reserve Bank is trying to slow growth in activity, income and spending. “At ...
Read moreHow mining dominates the economy (in seven charts)
Australia’s big miners including BHP, Rio Tinto, Fortescue and companies controlled by Gina Rinehart paid more than $28.5 billion in tax in 2020-21, accounting for nearly a third of total corporate tax revenue.
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