OREANDA-NEWS. August 13, 2012. Australias richest woman Gina Rinehart, the owner of Roy Hill Holdings has made its first official foray into long term contracts in the Chinese iron ore market, signing an off-take deal with Shougang International for iron ore from the Pilbara mine in

The Shougang deal was the first for Gina Rinehart to work with a Chinese steelmaker and is understood to be smaller than those with the Roy Hill equity partners - Korea's Posco and STX Corp, Japanese conglomerate Marubeni and Taiwan's China Steel Corporation.