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05 Nov
11:01

Roy Hill sees production boost

Due to the increase in Roy Hill's production and the surge in iron ore prices in 2020, Hancock Prospecting's profitability in fiscal 2020 (FY20) has increased significantly. This also helped Gina Rinehart, the owner of the company, rank first in the Australian Financial Review 2020 Rich List with a fortune of AUD 29 billion ($20.93 billion), Kallanish notes. Hancock Prospecting has hit AUD 4.1 billion in net profit after tax during FY20, according to …
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