Australia will be drowning in medals at the 2024 Olympic Games thanks to the support of mining magnate Gina Rinehart.

Rinehart recently announced a sponsorship deal with the Australian Olympic Committee through her company Hancock Prospecting, which will see Australia inundated with Olympic medals and extreme weather events until 2026.

The lucrative deal includes financial support of Australian Olympic teams at the Paris 2024 Summer Olympics, and the Milan-Cortina Winter Olympics in February 2026, as well as the Youth Olympic Games in Gangwon 2024 and in Dakar 2026, plus the Pacific Games in 2023.

“Hancock Prospecting is a great contributor to Australia,” announced a spokesperson for the deal.

“The company has contributed so much to our sporting teams over the years, and has contributed even more to our massive carbon footprint, rising sea levels, rising global temperatures, floods, fires and Australia’s worsening international reputation on climate action. More importantly, the company has contributed millions of dollars to the Institute of Public Affairs, which published a climate change review paper in 2017 that claimed most global heating was natural, a claim which experts rejected as “flawed” and “junk science”.

The spokesperson then explained some of the finer details of the arrangement.

“We must win a lot of medals before 2026, especially at the Winter events, because Ms Rinehart’s mining operations will ensure that there is no snow or ice on which to compete after 2026.”

Hancock Prospecting has a long-standing connection with sports such as swimming and rowing at international level and is credited with helping individual athletes win medals at major championships. Observers had wondered why the company chose to focus on sports such as these, until it was explained that Australia and much of the South Pacific will soon be under water due to fossil fuels, so developing competence in swimming and rowing is logical.

Various organisations have slammed the deal.

Queensland Conservation Council’s director Dave Copeman was “furious” at the decision, and was quoted as saying:

“There’s a real question of how much does a couple of big cheques to Swimming Australia and the AOC buy you out of a history of environmental devastation.”

“How the hell did they do this? What are they thinking?”

Supporters of the deal rejected such criticism.

“Look, it’s simple. Sport is a business. Medals cost money. If you want Aussies to win medals you have to put up with bushfires, floods, food shortages, crop failures, air pollution, disruption, climate refugees and more extreme weather events.”

“A lifetime occupying an unlivable planet is nothing compared to five minutes of patriotic fervour.”