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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.

MiningNews.Net
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. According to The Australian, Hancock...

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