Roy Hill’s record year provides Rinehart with $2.8b payday

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Gina Rinehart’s Roy Hill iron ore mine almost tripled dividends paid in the 2024 financial year to Australia’s richest person after shipping a record volume of iron ore from West Australia’s Pilbara.

Roy Hill, controlled by Mrs Rinehart’s Hancock Prospecting, declared fully franked dividends of $4.05 billion in the 12 months to June 30, up from $1.45 billion in the previous financial year.

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