Business
Gina Rinehart’s iron ore mine declares $475m dividend – The Australian Financial Review
The Roy Hill mine founded and controlled by billionaire Gina Rinehart is debt-free and set to deliver her a huge dividend windfall just five years after its fir…
Windfall for workers
The remarkable financial performance is set to deliver a financial windfall to Roy Hill workers just before Christmas under profit sharing pledge made by Mrs Rinehart.
Roy Hill recently achieved a production run rate of 60 million tonnes a year that is understood to have put workers in line for a separate bonus.
Mr Fitzgerald said Roy Hill was seeking approval to boost production to 70 million tonnes a year and looking to build on efficiencies that have seen it capture ab…
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