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Rinehart buoyed by $222m Atlas iron ore dividend

Peter Ker
Peter KerResources reporter
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Australia’s richest person, Gina Rinehart, has a further $222 million to spend after her bargain-basement acquisition of Atlas Iron in 2018 delivered another lucrative windfall.

Privately owned Atlas Iron reported a $401.2 million profit according to accounts filed for the year to June, with the company paying $225 million of dividends to its owners.

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    Original URL: https://www.afr.com/companies/mining/fortescue-makes-slow-start-on-push-for-fifth-iron-ore-export-record-20231026-p5ef5f