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Hancock Prospecting Pty Ltd
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Business overview
Company backgroundHancock Prospecting Pty Ltd is an independent, privately owned Australian company with a long history in the Pilbara iron ore sector and cattle station ownership.
The company was founded by Lang Hancock, who discovered iron ore in the Pilbara in 1952 and pioneered the Australian iron ore industry. Hancock Prospecting is majority owner of the Roy Hill iron ore operation, which produces 55 million tonnes of ore per annum and includes an integrated mine, railway, and port facilities.
Executive Chairman Gina Rinehart has led the company since 1992, overseeing development of major mining projects and diversification into agriculture. Hancock Prospecting is a private company and not publicly listed.
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