CAPITAL MARKETS

Hancock's Roy Hill pays dividends for another year

THE Hancock Prospecting-controlled Roy Hill iron ore mine in Western Australia has just announced its second full-year dividend in a row.

 Roy Hill has again proved proftable

Roy Hill has again proved proftable

Despite a tougher year in the bulk commodity market the mine's owners - Gina Rinehart's Hancock (70%) Marubeni (15%), POSCO (12.5%) and China Steel Corporation (2.5%) - will share in the spoils of a A$3.3...

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