Beef Processing – Cloncurry, North West Queensland

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:    P: +61 7 4743 3488   W: www.mitez.com.au
Cloncurry Shire Council:  E:    P: +61 7 4742 4100   W: www.cloncurry.qld.gov.au

 

Sponsors/Clients
Sponsors/Clients