Tag: Gina Rhinehart

Mining & Resources

Roy Hill project ‘close’ to $7bn financing deal

A $7 billion debt financing deal for the Roy Hill iron ore project could be finalised in the coming weeks, a key investor has revealed. Yukihiko Matsumura, chief executive of Japanese backer Marubeni Corp, was quoted by Bloomberg as saying that Gina Rinehart's Pilbara initiative should have an agreement in place by the end of…

13 Feb 2014, by Informa Australia

Mining & Resources

Rinehart pulls trigger on Roy Hill project

Gina Rinehart has reportedly ramped up major construction on the Roy Hill iron-ore mining project, resulting in a massive influx of workers at the site. There are now estimated to be 1,700 people at the Pilbara project, despite Rinehart not having final approval on deals over the debt package used to fund development, The West…

16 Jan 2014, by Informa Australia