New $85m NT abattoir gets the go-ahead

Confidence amongst Northern Territory cattle farmers will no doubt be boosted after hearing a proposal for a new $85 million Livingstone abattoir has gotten the go-ahead from the Australian Agricultural Company.

When AACo MD and chief executive, David Farley, an advocate for the new facility, quit its future was in doubt, but the agricultural company yesterday gave the project its final approval.

According to weeklytimesnow, building the abattoir will allow AACo to access higher global beef prices for its wholesale beef division. It will also create 270 jobs in the area and give cattle farmers a secondary market to back up the live export trade, which has struggled since the infamous ban in 2011.