(Bloomberg, Sydney, 11 August 2013) Gina Rinehart, chairwoman of Roy Hill Holdings Pty, is seeking about A$4 billion (US$3.56 billion) from export credit agencies, Banks are betting the economics behind Rinehart’s 21-year-long ambition outweigh concern that $250 billion of planned mines will create a glut as slowing growth in China saps demand in the biggest buyer of the raw material.
Date
31 August 2013
Related countries
Australia
Related issues
Oil & Gas
