ENVIRONMENT

Roy Hill gets its debt down

ALL cashflow from Gina Rinehart’s Roy Hill mine is going into paying down its debt, meaning the operation’s debt was reduced close to $800 million.

Rinehart and friends at Roy Hill

Rinehart and friends at Roy Hill

The mine received lender's completion status last year. That meant Rinehart's Hancock Prospecting did not receive any royalties from the operation. However, that did not stop it recording a 28% increase...

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