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How the Rich Invest: Gina Rinehart

John StensholtFormer Rich Editor
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The $400 million fertiliser investment mining billionaire Gina Rinehart made last year is already paying off.

Rinehart's Hancock Prospecting clinched a deal last October with London-listed Sirius Minerals under which it would buy $US50 million equity in the company and purchase a royalty stream from products sold from Sirius's polyhalite project in Yorkshire for $US250 million.

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John Stensholt is a former editor of the BRW Rich 200 and Young Rich Lists.

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    Original URL: https://www.afr.com/companies/mining/how-the-rich-invest-gina-rinehart-20170510-gw1538