MELBOURNE, Dec 10 (Reuters) – Mining baroness Gina Rinehart said on Wednesday the burden of excessive regulation on the Australian mining industry has put its global competitiveness at risk.

Rinehart is executive chairman of Hancock Prospecting, Australia’s fourth-largest ‍iron ore miner, whose revenues have fuelled her rise to the top of the nation’s rich list for most of the past 15 years.

The comments, in a speech to mark the 10-year anniversary of Hancock’s first shipments of iron ore, echo those made by BHP executives and are in line with her previous views but are her first since Australia passed ‌environmental law reform last month in a bid to cut ‌down red tape.

Rinehart pointed to a 2024 report by the Minerals Council of Australia (MCA) that estimated 80% of potential mining pr

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