One of the overseers of Port Hedland's massive but politically sensitive expansion, port authority chairman Ian Williams, has stepped down, making him the third key person to leave a top job at the
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.
Mineral Resources has substantially bolstered its balance sheet this week, obtaining a $30 million capital injection from Gina Rinehart's Hancock Prospecting one day after finalising a deal to extract itself from the costly Windimurra Vanadium project.
Gina Rinehart's Hancock Prospecting is investigating its Queensland asset further with the start of a feasibility study into a 30 million tonne per year coal operation.
