Sector
Beef processing
Opportunity
Northern Outback Queensland Abattoir
Location
Cloncurry, North West Queensland, Australia
Investment type
Greenfield
Investment opportunity highlights
Establishment of a new meat processing facility
Investment required
AUD$50 – AUD$80 million
Timeframe
Dependent on investor
Financial information
Further information available on request
Why invest?
- Global demand puts northern Australia in an excellent position to capitalise on rising demand for beef in Asia and the Middle East
- A pre-feasibility study was undertaken with the support of the local, Queensland and Australian governments as well as key stakeholders
- With an abattoir in close proximity, producers would change their production cycles and practices to maximise their net return.
- This location would significantly reduce transport times and costs for feeder stock, and minimise weight losses of cattle while in transport
- A conservative estimated cattle catchment for an abattoir in this area is 115,000 head per annum
- Local producers are keen to work with investors to devise commercial structures that would support a processing facility in order to share risk and manage seasonal issues
- Cloncurry Shire Council is a strong supporter of this investment opportunity
- Cloncurry’s access to transport links are road and rail to Townsville, Brisbane and Darwin
- Power, water and land available
- Possible expansion of fodder cropping for feedlot operations to finish cattle
Company
Mount Isa to Townsville Economic Zone (MITEZ) and Cloncurry Shire Council (CSC)
Contact
Glen Graham, MITEZ: E: [email protected] P: +61 7 4743 3488 W: www.mitez.com.au
Cloncurry Shire Council: E: [email protected] P: +61 7 4742 4100 W: www.cloncurry.qld.gov.au