Struggling infant formula manufacturer Bellamy’s has announced a multi-million-dollar share issue “stabilisation plan,” which includes acquiring a canning facility in Victoria.
Bellamy’s, whose
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Viterra pleased with forward grain sales
Glencore-owned grains handler Viterra has already booked nearly 4 million tonnes of shipping capacity every year until 2021.
Viterra released shipping capacity via long term agreements for the FY20 and
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Viterra’s SA exports tip 5mt
Grain handler Viterra has exported 5 million tonnes from South Australia so far this season, with exports from the Eyre Peninsula alone eclipsing 2 million tonnes last week.
The company credited effective
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Senate questions Inland Rail amid calls for Brisbane Port link
Department of Infrastructure and Regional Development secretary Mark Mrdak has faced a barrage of questions over the viability of the Inland Rail project, while calls grow for the project to extend double-stacking
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Palmquist raises 457 questions
The impact of recent changes to working visa restrictions will mean GrainCorp chief executive Mark Palmquist will have to re-apply under the new scheme next year, but he has told Fairfax he is
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Wilmar, QSL end lengthy sugar stalemate
North Queensland cane growers will make the most of an on-supply arrangement signed between Queensland Sugar Limited and miller Wilmar Sugar, but have likely missed out on a period of high prices because
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Rinehart’s fertiliser play looking solid
Shares in a London-listed miner 5% owned by Australian magnate Gina Rinehart have risen 27% in 2017, as the company progresses plans towards a major phosphate mine in Yorkshire.
Rinehart’s Hancock Prospecting
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Chester backs Inland Rail plan despite critics
Infrastructure minister Darren Chester has reinforced the government’s Inland Rail plan, despite a private sector group suggesting the project could blow out by up to $6 billion above forecast costs.
National
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GrainCorp’s bumper crop bumps up stock
A 30,000 tonne-per-site increase in grain receivals drove GrainCorp’s pre-tax profits up more than $100 million in the first half, leading to its largest single-day stock market improvement in almost
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Budget: Inland Rail massive boost for grain handlers
Farming and logistics advocates have warmly welcomed an $8.4 billion commitment to build the Inland Rail project through regional Queensland, NSW and Victoria.
Federal Treasurer Scott Morrison handed down
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