Jun 16, 2026 – 8.00pmGina Rinehart’s Hancock Prospecting, the world’s fifth-biggest iron ore producer, has axed several hundred jobs at its Pilbara operations in a move aimed at extending the life of its ageing mines.The decision by Hancock, Australia’s largest private company, stems from last July’s merger between two of its divisions – Roy Hill and Atlas Iron – which placed them under the unified banner of Hancock Iron Ore.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Gina Rinehart’s Hancock axes hundreds of jobs in iron ore shake-up
The flagship mining company of Australia’s richest person has culled jobs at its Pilbara operations to extend the life of its mines and cut costs.
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