Aboriginal Corporation Eyes BHP Cattle Stations
AUSTRALIA - An indigenous corporation has emerged as the preferred bidder for two BHP-owned cattle stations in the iron ore rich Pilbara.The Karlka Nyiyaparli Aboriginal Corporation is negotiating with BHP over the sublease of BHP’s Ethel Creek and Marillana cattle stations that operate as one entity.
Karlka Nyiyaparli people are traditional owners of the land across the two stations, about 600,000ha.
The corporation earns income through mining royalties, and its business arm Karlka Developments has some successful subsidiaries including a recruitment and management company.
The sublease will mark the corporation’s first foray into cattle production.
Karlka Nyiyaparli chief executive Nick Preece said the recent animal welfare issues at two WA indigenous-run cattle stations had reminded them of the risks involved.
"As a corporation we are very risk averse and the recent animal welfare issues have served as a timely reminder that we are embarking on a journey involving a business and sector that we are not familiar with," he said.
"We are taking that very seriously by ensuring we have the right subject matter experts and governance processes in place."
Mr Preece said there was also no intention to change the current robust management structure on the stations that had been in place for several years, which would also help to reduce risk.
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Source: The West Australian
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