Funds roll in for Rinehart's Roy Hill project GINA Rinehart's long-planned Roy Hill iron ore project in Western Australia is tantalisingly close to becoming a reality after the Korea Trade Insurance Corporation approved $US1.2 billion ($1.35bn) in loans, bringing the total debt funding secured this month to almost $US3bn. The decision by KTIC, known as K-Sure, came two weeks after another South Korean agency, the Korea Export-Import Bank, agreed to provide $US1bn in loans to Roy Hill.