Cattle on feed in Kidman’s Tungali feedlot in SA
GINA Rinehart’s S. Kidman and Co pastoral arm has sold its Tungali beef feedlot in South Australia’s eastern corner to nearby grainfed beef producers, Simon Rowe and family’s Process Royal Station.
The private deal settled on Thursday, but no price was disclosed, and Kidman was not prepared to offer a comment.
Following the earlier sales of Anna Creek, Macumba and Innamincka stations in South Australia’s northeast, the Tungali feedlot was Kidman’s last remaining cattle asset in South Australia, ending a century-old connection…
