Australian grain supply chain company CHS Broadbent has revealed its plans to construct a new 80,000-tonne bulk grain export terminal in Geelong, Victoria, Australia.
CHS will own and manage this grain export terminal.
Construction work on the 5ha facility is set to begin next year.
The facility will include rapid road and rail unloading capabilities, as well as grain handling technologies, to enable quick turnaround times and efficient bulk export vessel loading.
The addition of this newest export terminal will add more competition and provide more opportunities for domestic growers to connect directly to the export market.
CHS managing director Steve Broadbent said: “The terminal will be designed with an annual export capacity of 1.5 million metric tonnes. In an average year, we project we will export around one million metric tonnes which equates to approximately 13 turns per year.
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“We’re excited to bring our fast turnaround times, amazing staff, local knowledge and global connections to Australia’s newest grain export terminal when we start exporting from the terminal.”
CHS board chair and trading and risk management senior vice-president Brian Schouvieller said: “The Geelong location extends our supply chains in the Asia-Pacific region and provides farmers with a unique opportunity to connect with our global network.”