There were high hopes mining magnate Gina Rinehart would be the one to pull off what others had so far failed to do. So what now for the future of Great Keppel Island?
Livingstone Shire Mayor Andy Ireland said he spoke to Hancock Prospecting's project engineer and understood the company's decision to walk away was purely commercial.
"It certainly makes it challenging … If she can't make it work … it's going to be very difficult for anyone else to do."Decades ago, Woppa-Great Keppel Island was a party destination famous for its "get wrecked on Keppel" slogan in the 1980s. But after numerous run-ins with the Queensland government over casino licences and deadline lapses, that never eventuated.Remnants of the previous resort, partly demolished in 2018, still remain on Great Keppel Island.
In October 2021, Ms Rinehart's Hancock Prospecting announced it had started discussions to buy the Great Keppel Island leases.Tourism body Capricorn Enterprise chief executive Mary Carroll said she was not surprised Hancock Prospecting's plans had fallen through.
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