HANCOCK Prospecting Pty Ltd has purchased the Willeroo pastoral property.
Willeroo, located approximately 100km west of Katherine in the Northern Territory, covers an area of 171,000 hectares holding around 20,000 head of cattle.
Hancock Prospecting released the following statement this morning:
"The Willeroo investment compliments the commitment of the HPPL group and its chairperson Gina Rinehart to invest in regional Australia with a special focus on Northern Australia.
"This acquisition continues to build on Hancock Prospecting's long history in northern Australia, Australian agriculture and Australian jobs.
"The Hancock family are possibly the longest continuous owners of cattle stations in northern Australia, with Mrs Rinehart's ancestors commencing the first stations in northwest Australia (including Ashburton downs with the "h3b" brand, Hancock 3 brothers, instituted by their father) in the second half of the 1800's, after members of their family arrived at Cossack, near Roebourne, and established the first port and town at those locatio...
Read "Prime" Ag News full story!
Be a "Prime" Monthly Member