Australia’s richest individual Gina Rinehart has reaped a $3billion profit from her largest iron ore mine despite Chinese lockdowns hitting demand for steel-making minerals.
The billionaire’s Roy Hill mine in Western Australia’s remote Pilbara region announced it had made a profit in the 2021-22 financial year.
But it revealed the $3.2billion profit after tax was 28 per cent weaker compared with the previous financial year because of falling iron ore prices.
However, this hasn’t threatened Ms…
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