Cloncurry #2 (Proposed)

Current Operation

• Proposal investigated 2012

Location

• 120 km East of Mt Isa

Source – Hema Australia Handy map 9th edition.

Owner

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 Operation

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History

 2012

• October.DAFF release Feasibility study and investment report for Cloncurry proposal²
• Study conducted and handed to North Beef consultants Oct 2012¹
• Nth West QLD – report – commercial viability
  • Proposal to process 400 head a day = 100,000 head a year³
  • Infrastructure would cost $49M, doesn’t include land, services required by governement.³
  • Match of investment by government expect $10 – $28M³
  • Operating costs at Cloncurry would be higher due to input and output freight costs³
  • Throughput of livestock would be detrimental in to mainly Townsville abattoir³
  • Model suggest $41 head supply chain cost saving due to freight, processor would retain 40-60% to cover freight costs.³

• Nth West QLD – report – opportunities
  • Would be expect to draw 170,000 head a year of slaughter ready cattle⁴
    • NW QLD      96,000 head⁴
    • NT              14,000 head⁴
    • locals/culls    5,000 head⁴
    • Expected starting estimate of 115,000 head to be able to process.⁴

• Expected Hot standard carcase weight (HSCW) is the weight of carcase after slaughter⁴
  • Bulls all weights. Make up market supply of 10-15%⁴
  • Trade cows 180kg – 350kg. Make up market supply of 20-30%⁴
  • Young steers/Heifers 235-350kg Make up market supply of 30-45%⁴
  • Grass fed/grain fed Steers/bullocks 265-350kg Make up market supply of 10-20%⁴
  • Jo Bloomfield. Note at yield of 50% these HSCW mean liveweights of cows to be minimum 360kg, Young steers 470kg and heavy steers 530kg.

• Payroll estimates 220 employees, would require non traditional shift structure, and use of 457 visas and would compete with mining and resource sectors⁴

• marginal return expected on investment⁴

 

Sources