Indian infrastructure giant GVK Group will pay Gina Rinehart's Hancock Prospecting $1.26 billion for most of the company's coal and infrastructure projects in Queensland's Galilee Basin.
Gina Rinehart's Hancock Prospecting says its plan to become the first company to export thermal coal from Queensland's Galilee Basin is on track, with the first shipment from the trial Alpha mine set to be shipped to a Korean power station on June 26.
