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Rinehart seeks $55m for huge grazing station to chase Wagyu strategy

The Australian Financial Review (AFR) •
November 13, 2026 • 07:58 AM
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The mining and agriculture magnate and majority owner of the famed Kidman portfolio is reshaping her vast holdings to focus on higher-value beef.

Rinehart seeks $55m for huge grazing station to chase Wagyu strategy

Billionaire Gina Rinehart and her Chinese co-investor are selling a vast Queensland grazing property from the famed S. Kidman & Co portfolio that could fetch more than $55 million as they focus their investment effort on upmarket beef production.

The 623,000-hectare Morney Plains Station, spread across three titles, is in Queensland’s southwest near the South Australian border in an area known as the Channel Country.

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