Australian billionaire Gina Rinehart's rare earths bet wins a bigger US supply deal
Arafura Rare Earths, whose largest shareholder is Gina Rinehart's Hancock Prospecting, will sell 850 tonnes a year of magnet rare earths for a US reserve.
Gina Rinehart
Billionaire Gina Rinehart has bought a bigger stake than her estranged son in his own company
Hancock Prospecting is paying A$8.77 million for 13.5% of White Cliff Minerals, the copper explorer John Hancock founded and still sits on.
Billionaire Gina Rinehart is about to control most of Western Australia's new gas from 2030
Gina Rinehart's Hancock Energy has struck a deal with Strike Energy to unlock the stalled West Erregulla gas field in Western Australia, with production targeted for 2029 as the state braces for tightening gas supply.
Australian mining billionaire Gina Rinehart's biggest US bet is now Elon Musk's SpaceX
Gina Rinehart bought 8 million SpaceX shares worth $1.37 billion in the second quarter, making it her largest US-traded holding.