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The Guardian - AU
The Guardian - AU
Sport
Jack Snape

Hancock Prospecting spikes volleyball funding before home world championships

Australia's Zachery Schubert serves the ball in the men's beach volleyball match during the 2024 Paris Olympic Games
Mining billionaire Gina Rinehart’s company, Hancock Prospecting, has ended a 12-year association and financial support provided to Volleyball Australia. Photograph: Thomas Samson/AFP/Getty Images

Gina Rinehart’s Hancock Prospecting remains committed to funding elite athletes despite ending a 12-year association with Volleyball Australia, an organisation which had made her patron and thanked her for “unwavering support” as recently as last year.

Although it now faces a financial hit, Volleyball Australia (VA) expressed gratitude on Monday for payments by Rinehart’s company reportedly worth around $5m over the past decade.

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