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.
Rio Tinto and BHP Billiton are set to report lower-than-expected iron-ore output for the March quarter after heavy rain and cyclones disrupted operations in Australia. The losses could be as high as 4 million tonnes of ore, representing 4 per cent of…