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Agribusiness

Wellard to start shipping cattle to China

Shares in Australia's biggest cattle exporter, Wellard, have surged after the company agreed terms for its long-awaited first shipment of beef cattle to China.

Insect protein just not cricket(s), yet

The production of crickets for human and animal consumption could be a fresh frontier for Western Australia’s agribusiness industry, if a Pinjarra-based small business fulfils its potential.

Fremantle Octopus to extend reach

Fremantle Octopus hopes a new trap and some extra cash will propel its business into a much broader marketplace.

Fogarty expands via McWilliams deal

Fogarty Wine Group’s Margaret River Vintners business has expanded its operations, taking on the Evans & Tate brand and assets, the Smithbrook and Pemberton Estate vineyards, and buying the Amadeus vineyard at Wilyabrup

Galati, Harcourt among finalists in entrepreneur awards

The founders of four Western Australian businesses, in industries ranging from mining software and horticulture to construction and industrial equipment, have been selected as finalists in the 2017 EY Entrepreneur Of The Year awards.

Cattle prices key in Wellard China option

Cattle exporter Wellard says the China market has potential but only if prices for Australian cattle come down.

Profit down at Heytesbury Holdings

Profit at pastoral and winery business Heytesbury Holdings fell more than 57 per cent in the year to December 2016, to $11.7 million, on the back of lower revenue.

New sandalwood player to enter market

Some of the major players formerly behind essential oils business Mt Romance are involved in a new sandalwood player in Western Australia, which is half-owned by an indigenous group.

Santanol dispute heads to court

A group of Western Australian investors has started legal action against US-based KKR, calling on the private equity giant to buy them out of Indian sandalwood producer Santanol Group at fair value or else have the business wound-up.

Santanol imbroglio rivals Quintis saga

A dispute over Indian sandalwood producer Santanol Group has pitted 21 Western Australian investors, led by forestry veterans Bob Bunning and Tony Jack, against private equity giant KKR and its local representatives, including Jock Clough and incoming Wesfarmers executive Ed Bostock.

Feds knock back WA irrigation projects

UPDATED: The federal government has declined to provide co-funding for two irrigation projects in Western Australia’s South West that were expected to trigger a total investment of $460 million and create 1,500 jobs, after an expert panel found the WA government did not fully address the assessment criteria.

Quintis investor holds off plantation sale

An investor has chosen not to sell a parcel of plantations to troubled sandalwood producer Quintis, with the first deadline to exercise the option having expired.

Wilson to lead CBH

CBH Group has announced a surprise selection as its new chief executive, recruiting former BHP iron ore boss Jimmy Wilson to succeed Andrew Crane.

Mareterram targets growth through acquisition

Fremantle-based seafood producer Mareterram has examined more than 30 potential acquisition opportunities in the past couple of years as it seeks to grow into a larger diversified business focused on protein.

Co-op to share Nannup truffles

A new share-farming initiative is being established in the state’s South West, giving the public the opportunity to stake a patch in the exclusive and expensive truffles market.

Wellard tumbles on loss expectations

Shares in Wellard have hit an all-time low after the live cattle exporter flagged a disappointing end-of-year result.

Wilson owes $11m: Quintis

Troubled Perth company Quintis plans to take legal action against its founder and former managing director over claims he has failed to meet repayment obligations on an $11 million loan.

Local opportunity in premium products

Olive oil, chocolate, avocados, marron and cider are among a number of Western Australian products that are ideal for local industry to target as premium markets, according to a report commissioned by the Department of Agriculture and food released Thursday night.

CBH opens malt facility in Vietnam

Grain handling cooperative CBH Group’s partially owned subsidiary, Interflour, has officially opened a new malt production facility in Vietnam, which it said would give Western Australian farmers better access to the Asian nation’s beer market.

Atlas Pearls in debt deal with Martin

Aquacuture firm Atlas Pearls and Perfumes has locked in two debt facility agreements for a total of $3 million, one of which is with its director, Tim Martin.

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