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Hancock offloads $3.2B slice of Roy Hill

AFTER months of speculation, it has been announced that Gina Rinehart's Hancock Prospecting has s...

Kristie Batten
Hancock offloads $3.2B slice of Roy Hill

The consortium comprises Korea's POSCO and STX Corporation and Japan's Marubeni Corporation and has acquired 25% of the project in exchange for $3.2 billion in equity funding. It will subscribe for...

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