Andrew and Nicola Forrest will add the East Pilbara Balfour Downs pastoral station to their growing suite of WA investments through their agribusiness, Harvest Road Group.
Little Green Pharma has revealed plans to demerge its psychedelics business into a separate unlisted entity, while forming a research partnership with Curtin University.
Investments in long-term projects, the COVID-19 pandemic and high cattle prices have impacted Harvest Road Group’s bottom line, with the organisation recording a $5.9 million loss.
The federal government’s NAIF fund has chipped in for the Perdaman project, a $4.3 billion proposed fertiliser plant tipped to produce 2 million tonnes of urea per year.
Longstanding family business MG Kailis Group has agreed to sell its WA fishing assets to Sea Harvest Group for $70 million, with Alex Kailis to lead the buyer’s Australian branch.
Hancock Prospecting has struck agreements to sell eight cattle stations across Australia and is looking to sell two more but said it remains committed to the agriculture sector.
Australian Honey Ventures’ medical-grade honey will be sold on pharmacy shelves in Kuwait and the United Arab Emirates, as the startup launches a capital raising.
The state’s largest grain handler has been given the green light to build a $25 million rail loading facility, as it breaks ground on its new $50 million Kwinana fertiliser project.
ASX-listed Mineral Commodities and Alterra have made changes to their boards, while new leaders have been appointed at Good Sammy Enterprises and Pan Pacific Perth.
Shares in Fremantle-based agribusiness Wellard were up as much as 37 per cent on news it could receive up to $16.5 million following a three-year contract dispute.
CBH Group continued to be WA's dominant grain exporter in 2020-21 with 55 per cent market share, but production from the state fell below the level of New South Wales.
KB Australia’s revenue was down $77 million in the 2020 calendar year after a drop in sales, but the seafood company still managed to post a $1.6 million profit.
An above average harvest and strong demand for grain has led CBH Group to record a surplus of $133.8 million, despite supply chain issues and material demurrage costs.
Andrew Forrest’s agricultural investments vehicle will acquire New Norcia Farm as part of a $40 million move designed to underpin the expansion of its cattle and beef supply chain.
More back of boat western rock lobster will be available this December after the state government agreed to double the amount commercial fishers can sell from their landings.
Calls for the state government to rethink its process on an indigenous heritage bill are growing, with criticism from both the federal Greens and WA Liberals today.
