Record-breaking year for WA resources sector but ‘nature positive’ reforms threaten to derail growth and jobs

WA’s powerhouse resources sector pumped a record $77 billion into the State economy last year and accounted for one-fifth of company tax paid across the entire country.

Read more

Iron ore rally bolsters $A prospects in 2024

An almost 30 per cent surge in the iron ore price to above $US140 a tonne has bolstered the prospects for the Australian dollar, which economists predict could hit US70¢ by the end of the year.

Read more

Iron ore royalties on track to more than double, Saffioti teases plan to hand down ‘remarkable’ set of numbers

Iron ore royalties are on track to more than double WA’s operating surplus — placing a record-shattering $7 billion windfall in reach for Rita Saffioti in her first major Budget update as Treasurer.

Read more

National Mining Day 2023 Video

Watch the National Mining Day 2023 video.

Read more

Miners dig in on ‘divisive’ IR deal

Labor’s industrial relations deal with resource sector employers has split the mining industry, with Gina Rinehart’s Hancock Prospecting opposing the agreement and the Minerals Council of Australia accusing a rival employer body of being a “soft target”. As the Senate crossbench renewed its bid to split the bill this year, employer groups representing big and small business criticised the Australian Resources and Energy Employer Association over the deal to exclude ¬service contractors from the industrial relations bill. Hancock Prospecting’s Roy Hill mining operation, which is a member of both AREEA and the Minerals Council of Australia, wrote to AREEA chief executive Steve Knott on Wednesday to express concern about the deal.

Read more

Send miners to parliament and students to work, Gina Rinehart says

Australia’s richest person Gina Rinehart has called on the mining sector to push its own workers and advocates into parliament, so they can tear up environmental regulation she warns is jeopardising the industry’s ability to maintain its current levels of production.
In a speech to mining executives and Liberal leader Peter Dutton at her Roy Hill mine on Wednesday, Mrs Rinehart took aim at Prime Minister Anthony Albanese for taking overseas trips to spruik trade while his government was handcuffing local industry.

Read more

Rio Tinto says its has signed off on the legal framework covering the development of Simandou

Rio Tinto has finally signed off on a key development agreement with the Guinean government over the port and rail infrastructure needed to get the giant Simandou iron ore mine in Guinea, West Africa, into production. Rio late on Friday said it had signed off on the joint venture arrangements with the Guinean government and the China-backed Winning consortium on a “co-development convention”. The agreement clears the way for an acceleration in the development of Simandou, long lauded as the biggest undeveloped iron ore project in the world.

Read more

Rio Tinto and partners reach agreements on rail infrastructure to unlock Simandou

Rio Tinto and its joint venture partners have reached a key infrastructure milestone with the Republic of Guinea towards the full sanctioning of the Simandou iron ore deposit in the West African country. The mining giant said the parties had reached agreements on trans-Guinean infrastructure for the massive project, creating legal framework for the co-development of more than 600km of new rail line. The rail will be used to export the steel-making ingredient from the Simandou mining concessions in the southeast of the country.

Read more

Get in touch

We welcome your interest in HanRoy.

To get in touch please use the HanRoy contact form, be sure to select your specific area of interest so we can promptly respond to your enquiry.

Back to top