Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Australia’s wealthiest woman and mining tycoon, Gina Rinehart, is diversifying into potash, an industry severely affected by a global oversupply that has caused prices to tumble in the past year, leading to layoffs and mine closures across the sector. Her company Hancock Prospecting announced it was investing £245 million in Sirius Minerals’ project on the edge of the North York Moors national park, the UK’s biggest potash mine.

Aussie iron ore magnate Rinehart invests in UK’s biggest potash mine

Australia’s wealthiest woman and mining tycoon, Gina Rinehart, is diversifying into potash, an industry severely affected by a global oversupply that has caused prices to tumble in the past year, leading to layoffs and mine closures across the sector. Her company Hancock Prospecting announced it was investing £245 million in Sirius Minerals’ project on the edge of the North York Moors national park, the UK’s biggest potash mine.

The mistake that cost Aberfan its children

On 21 October 1966, 116 young children and 28 adults were swept to their deaths under an avalanche of coal slurry which descended on the south Wales village of Aberfan. A judicial tribunal found the British National Coal Board guilty of ignoring compelling evidence that the waste dump was insecure and prone to collapse. But no official was charged with any offence.