Original article by Rick Wallace
The Australian – Page: 9 : 14-Nov-14
The new Hope Dairies joint venture is being launched by government enterprise China National Machinery Industry Corporation and Hancock Prospecting, the main vehicle of Australian mining heiress Gina Rinehart. The $A500m business will seek to cash in on the recently negotiated free trade agreement between Australia and China, by exporting powdered infant formula. Rinehart has also diversified from iron ore into beef cattle, with investments in Western Australia
CORPORATES
HANCOCK PROSPECTING PTY LTD, HOPE DAIRIES PTY LTD, CHINA NATIONAL MACHINERY INDUSTRY CORPORATION, CUBBIE STATION, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, BEIJING AGRICULTURAL INVESTMENT FUND