Roy Hill Launches Gina Rinehart's Vision to Share Profits with Employees

Roy Hill has put in place a system that will share some of the benefits of the owner, Hanbad Prospecting, with the employees.

The Charitable Initiative, designed by President Gina Rinehart's Roy Hill Project plans to reward the hard work, dedication and commitment of employees to make iron ore mining a reality. Pilbara safe, productive and profitable.

Roy Hill employees who join the plan are eligible for an annual performance payment from the previous fiscal year.

Payments, which begin in December, depend on the fact that the firm substantially attains the annual cost and production targets; employees achieve safety results; and Rinehart stated that the start of the plan would recognize Roy Hill's outstanding contributions to the achievement of operational goals.

"My vision continues to share the benefits remain that if Roy Hill has a good year, then we all have a good year – with an annual payment to all employees in mid-December, just before Christmas," said Rinehart, December of this year to recognize the outstanding efforts, hard work and commitment of Roy Hill employees to achieve production and business performance goals that I believe will be "impossible" to achieve. Therefore, I wanted to thank and extend the amount of the first payment to employees to reward this outstanding effort. "

Roy Hill's first iron ore shipment left Port Hedland in December 2015. Since then, it has become a business integrated mining, rail and port production producing 55 Mtpa of iron ore.

Barry Fitzgerald, Managing Director of Roy Hill, believes the program creates a unique opportunity "We hope this profitability can be improved, in the event that the Government of Western Australia gives permission Expanding the project to 60Mtpa, which would allow more productive use of our two docking stations in Port Hedland, more Royer said the project to share profits with employees when goals were met was the realization of Rinehart's vision

an example of Mrs. Rinehart's generosity and appreciation of the staff, she spoke of this initiative years ago when Roy Hill reached 55 Mtpa, including when he was speaking publicly at a CHOGM function in Perth, "Fitzgerald says:" It's an extremely exciting news for our people – who are invited to travel with this mega mining operation. The president's profit plan means that the joint efforts of everyone are paying off, and that our staff is truly committed to the conduct of our activities and activities. "