Gina Rinehart ponders bid for S. Kidman pastoral company

Written on the 29 August 2016

Mining magnate Gina Rinehart is poised to enter the race for the S. Kidman & Co pastoral empire, alongside Chinese conglomerate Shanghai CRED Real Estate, with a joint bid expected to top $300 million.

The billionaire's entry into the sales process would be the first serious attempt by an Australian during the most recent battle over ownership of the giant cattle portfolio.a

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Is the Ord Under-Utilised?

Rob Boshammer has worked in the Ord Valley for the past 30 years, he thinks the scheme is being under-utilised and has the capacity to feed 100,000 cattle a year. Mr Boshammer said the high cattle prices at the moment meant there was a real opportunity for Ord farmers to make money feeding cattle and the Ord was well located for...

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