Rinehart pushes ahead with Roy Hill investment

MINING magnate Gina Rinehart’s company, Hancock Prospecting, is reportedly in advanced talks to sell a 12.5% stake in its Roy Hill iron ore project in Western Australia to Japanese trading house Marubeni.

Rinehart pushes ahead with Roy Hill investment Rinehart pushes ahead with Roy Hill investment Rinehart pushes ahead with Roy Hill investment Rinehart pushes ahead with Roy Hill investment Rinehart pushes ahead with Roy Hill investment

The Australian said negotiations over a deal between the companies, which could be worth more than $US1 billion ($A942 million), would be concluded within weeks.

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