Rinehart’s Hancock weighs $3.3 billion iron ore mine project
Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.
CBC reports regulators and Inuit organizations have serious concerns about Baffin Island’s proposed Mary River iron ore mine, detailed in their responses to the company’s draft environmental impact statement. The $4 billion enterprise would involve year-round Arctic shipping.