EYRE Peninsula Cooperative Bulk Handling Limited has purchased 400 acres next to the Iron Road landholding to join up with the Cape Hardy Multi-User Port Precinct.
The acquisition will provide capacity over time for the cooperative to pursue a range of opportunities that may arise from the development of a multi user, multi commodity deep water port.
The project has received approval by the SA government as part of the Central Eyre Iron Project and aims to offer the Eyre Peninsula important strategic opportunities, in agriculture, mining, renewable hydrogen and green manufacturing, to help diversify the local economy.
EPCBH - the grain partner behind the 'Portalis' Cape Hardy port project - was formed in 2017 by a group of local farmers to pursue opportunities to improve competition for their grain.
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In March, it appointed longstanding former CBH Group director Wally Newman as a mentor to the cooperative board.
A farmer from Newdegate in WA, Mr Newman had been with the CBH Group for 20 years, including six as chairman; is also the director of several private companies; and sits on the committee for the popular Newdegate Machinery Field Days.
Mr Newman said he had absorbed a great deal about what growers could achieve by working together through his role with CBH.
"It certainly worked here in WA," he said.
"The power of cooperation between growers is very powerful."
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