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Catch up on the latest news and insights from Atlas.

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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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 (...

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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 ...

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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 ...

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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’...

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Roy Hill and Atlas Iron long serving staff recognition: Dinner under Stars

Speech by Executive Chairman Mrs. Gina Rinehart, Thursday 2 December 2021.

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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 ...

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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 ...

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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.

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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 ...

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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 ...

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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 ...

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