Sponsored Content for Andrew McBain

Alterra is laying the groundwork for the expansion of its agribusiness with the appointment of veteran agricultural executive Oliver Barnes as the incoming Managing Director to strengthen its executive team. Current Managing Director Andrew McBain will remain in his position until Mr Barnes takes up his new position in early April following a notification period, after which he will remain as an Executive Director.

WA agribusiness player Alterra is another step closer to demerging its carbon forestry business after receiving proxy votes that favoured the demerger. The company is seeking shareholder approval at Thursday's extraordinary meeting for the demerger, which will place its carbon arm and a solid stream of income into the hands of individual Alterra shareholders.

Shareholders in WA agribusiness player Alterra are just one step away from receiving an unexpected direct income stream from the company's carbon forestry business. The transfer of all forestry and carbon assets into Carbon Conscious Investments has been completed and the company is now seeking majority shareholder approval at the upcoming extraordinary general meeting to be held in Perth on 20 December 2018.

ASX listed Alterra is taking a page out of Wesfarmers' playbook with a proposal to demerge its carbon forestry business and focus on the development of its agribusiness projects. The move is expected to realise the full value of the carbon business and generate a potential windfall to shareholders who will now own 85% of the carbon business in their own right whilst retaining their Alterra shares.

Shares in Perth-based carbon plantation manager Alterra spiked 30 per cent last week after the company revealed its agro-forestry projects in Western Australia are set to deliver $23 million in revenues over the next decade and that it remains in a strong financial position, with $2.5 million cash in the bank and $2.6m in real property that is also generating valuable rent for the business.

Alterra has welcomed the sale of one of WA's oldest dairy operators to China's Shanghai Ground Food Tech. Alterra, who are pursuing a new style of dairy farming known as System 5 in WA, says the sale of the iconic Brownes Dairy will likely be a positive development for the state's dairy sector. The sale of Brownes to the Chinese may open up export opportunities and fix local oversupply problems say Alterra.

ASX-listed Alterra has continued its ambitious push into the Western Australian dairy industry with the purchase of a 1,640 hectare property in Dandaragan Shire. The dairy industry upstart and carbon plantation manager is confident the property will suit an innovative dairy farming system known as "System 5".

ASX listed Alterra are on the hunt for dairy land in WA suitable for a new style of dairy farming known as System 5. System 5 works on the theory that if cows are made comfortable and not exposed to extreme heat and cold and not made to walk many kilometres a day to be milked or get feed, then they will produce up to 50% more milk.

Dairy industry upstart and carbon plantation manger Alterra have wasted no time in clearing the decks of all debt after the sale of their NZ forestry assets for approximately $3.2m. With $2.4m in cash and equivalents and $2.8m in annual forrestly income, the company is now well placed to pursue its intriguing new "System 5" dairy farming method.

ASX listed Alterra, formally known as Carbon Conscious, is now debt free and have an additional $2m in cash to pursue new opportunities after settling the sale of their New Zealand forestry plantations for AUD$3.2m. The company is now looking to expand its agri-business by bringing a new concept of dairy farming known as “System 5” to W.A.