Roy Hill Seen as Savior for Aussie Contractors

Base Metals Investing

The Australian reported that Gina Rinehart’s $9.5 billion Roy Hill iron ore project has emerged as the potential saviour for scores of contractors and suppliers hit hard by the mining slowdown.

The Australian reported that Gina Rinehart’s $9.5 billion Roy Hill iron ore project has emerged as the potential saviour for scores of contractors and suppliers hit hard by the mining slowdown.

As quoted in the market news:

The turnout expected at meetings in Perth, Port Hedland and Newman starting today dwarfs the 800 who attended similar briefings just 10 months ago, before the deep anxiety over weaker commodity prices infected the sector.

Click here to read the full news report by The Australian (subscription required): 

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