CARBON aggregators have snapped up another northern cattle station, this time purchasing Ban Ban Springs in the Northern Territory for $28.9 million – with Corporate Carbon understood to be the buyer.
According to the Emissions Reduction Fund register, the property south of Adelaide River has been under a savanna burning project since 2013 and has already accrued 58,822 Australian Carbon Credit Units (ACCUs).
Beef Central understands the $28.9 million excluded plant and equipment, with the company purchasing 3,000 head for the property.
Corporate Carbon Group chief agribusiness officer…
