Hancock Prospecting Pty Limited - Australian Company Profile

What does Hancock Prospecting Pty Limited do?

Hancock Prospecting is a Proprietary Company that generates the majority of its income from the Iron Ore Mining industry.

In 2024 the company generated total revenue of $16,036,000,000 including sales and other revenue. In 2024 Hancock Prospecting had 4,525 employees including employees from all subsidiaries under the company's control.

The Chief Executive of Hancock Prospecting is Mr Garry Korte whose official title is Chief Executive Officer. The Chairman of Hancock Prospecting is Mrs Georgina Rinehart whose official title is Executive Chair.

Hancock Prospecting's general operations consist of the exploration, mining, marketing and sale of iron ore, the breeding and selling of beef cattle in Australia, as well as investments in energy, property and equity. Major projects undertaken by the company in the mining sector include: Roy Hill (flagship) - A iron ore deposit located in the Pilbara region, Western Australia. Atlas Iron - an Australian company, mining and exporting direct-shipped iron ore from its Mt Webber, Sanjiv Ridg. Hope Downs JV - A joint venture with Rio Tinto located north-west of Newman, Western Australia. Sirius Minerals - A deposit of poluhalite located in North Yorkshire, United Kingdom.Other exploration projects: Pilbara Iron Ore Exploration - Iron ore deposits located in large areas of highly prospective geological formations. Four Eagles Gold - A joint venture with a subsidiary of Hancock Prospecting, Gold Exploration Victoria and Catalyst Metals. Minerals Australia - A wholly owned subsidiary of Hancock Prospecting. Its focus is on active exploration for copper and gold in NSW as well as oil and gas exploration in Beetaloo Basin, Northern Territory. Queensland Coal Investments - A wholly owned subsidiary of Hancock Prospecting. Its focus is on coal exploration in Queensland. Sellheim Project - A joint venture with a subsidiary of Hancock and local explorers. This is an exploration project targeting gold and copper mineral targets located in North QueenslandHancock Prospecting Pty Ltd owns 25 properties used for the breeding and selling of beef cattle within Australia, located in Western Australia, Northern Territory, South Australia, Queensland, and New South Wales.

Enterprise Profiles - table of contents

Enterprise Details

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Key Personnel

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Enterprise Financials

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Growth & Ratios

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Operating Segments

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Competitor Benchmarking

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Industries of Operation

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Major Shareholders

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Subsidiaries

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History

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