Rinehart is going for gold

GINA Rinehart’s Hancock Prospecting will sponsor the Australian Olympic Team in a wide-reaching partnership struck with the Australian Olympic Committee.

The partnership encompasses multiple Winter and Summer Olympic Games as well as the Youth Olympics and Pacific Games.

The agreement means Hancock Prospecting will sponsor the Australian Olympic Team competing at the upcoming Beijing 2022 Winter Olympic Games, Paris 2024 Summer Olympics, and the Milan-cortina Winter Olympics in February 2026.

The deal follows on from Mrs Rinehart’s long-running partnership with Swimming Australia, which helped the Australian swim team collect a record medal haul at the Tokyo Olympics last year.

Her mining company has also sponsored artistic swimming, rowing and volleyball for many years.

AOC President John Coates said the partnership would deliver significant benefits.

“This is a major commitment to Australian sport,” Mr Coates said.