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In addition to its impressive corporate successes in the mining and agricultural industries, Hancock Prospecting group of companies are amongst those leading the way in supporting the men and women who have served and sacrificed for their country.

Few figures embody the essence of great Aussie values and respect for our military more than Mrs Gina Rinehart AO.

EXCLUSIVE Former AGL Energy boss and power industry veteran Michael Fraser has warned Australia needs a reality check on meeting its net zero targets as the nation moves ever closer to a rolling energy crisis. One of the country's most experienced power executives, Mr Fraser told The Australian the race to take coal and gas out of the system means the coming decade is likely to be marked by regular blackouts and surging prices, given the massive shortfall in efforts to switch the power grid to renewables. "Nobody's saying that we're on schedule or ahead of schedule. We're behind schedule," said Mr Fraser, who ran Australia's biggest power generator for eight years until 2015. Mr Fraser cautioned "a return to the 1970s" when state-backed power networks suffered from chronic blackouts.

But Mr Veldsman said that, under the Bill, there was no guarantee those different categories of driver would continue to be paid about the same. “We’re talking about draft legislation where the ‘full rate of pay’ is so unclear, so undefined, so broad and so open to speculation that we can’t say in future if this Bill is to actually pass that we can still do that,” he said. Mr Veldsman added a number of Hancock’s projects had already stalled due to red tape. Another major concern is a proposal to give casual workers the right to ask to convert to permanent employment after six months of regular hours.

Agriculture feeds us and our important allies overseas. Our clean gas keeps the lights on, and factories, hospitals and shops open from Tokyo to Toowoomba. At the Hancock Prospecting companies, we're working in the bush every day to keep Australians warm, clothed, and well fed.

Ontario Energy Minister, Todd Smith, claims nuclear power has been a real “success story” in Canada, declaring “Nuclear has provided about 60 per cent of our electricity”.

I can sense panic is starting to set in behind the scenes in the Federal and the east coast State governments on the energy front. On one hand they have so successfully demonised fossil fuels and created unrealistic expectations on the time lines for the transition to large-scale renewable sources. But on the other hand they are loving the massive growth of revenues flowing into their treasuries from the very same fossil fuels both during and after the COVID lockdown years. The world is demanding more, not less, electricity but people want it generated and distributed in a more environmentally friendly way.

16 August 2023.

Decisions around reviving stalled projects, such as Cooper's OP3D and Senex Energy's Atlas project in Queensland that were put on hold when the intervention was announced, were being watched closely as a test for the code, said Rick Wilkinson, head of the Adelaide-based industry consulting firm EnergyQuest. "If these projects don't proceed quickly a downside risk for supply will have materialised," he said. Ian Davies, CEO of Senex, owned by South Korean steel giant Posco and Gina Rinehart's Hancock Energy, said on Monday the company was still working through the detail of the code.

EnergyAustralia has become the third customer for gas from Senex Energy’s stalled $1 billion Atlas project in Queensland, a development dependent on pricing rules to be released by the federal government this weekThe latest deal by Senex, owned by Korean steel giant Posco and Gina Rinehart’s Hancock Prospecting, is the third by the domestic gas producer in just over two weeks, following conditional contracts signed by retailer AGL Energy and manufacturer Orora.