Jun 25, 2026 – 5.00amHancock Prospecting executive chairwoman Gina Rinehart is continuing her global spending spree, investing $US50 million ($72 million) into X-ray company Lumitron, which makes laser technology designed to improve cancer detection and identify contaminants in minerals and ore.The investment in Lumitron Technologies, which is headquartered in California but was co-founded by Australian entrepreneur Maurie Stang, will be used to commercialise Lumitron’s HyperView very high-energy electron beam, an X-ray with 1000 times the resolution of a traditional X-ray machine.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles