Business 32 | NT Independent
NT Business News – August 23

NT Business News – August 23

This week’s highlights include Vermelha cattle station hitting the market after previous $18 million sale, and ECNT challenges Tamboran’s Shenandoah environment management plan. Also making resource news is NewPeak Metals acquiring a strategic mineral project in the NT, Thor Energy signing a joint venture agreement with Investigator Resources for Molyhil Project, and Central Petroleum drilling at Mereenie.

Permit needed for commercial cotton to be grown on stations, former Pastoral Land Board chair says

Permit needed for commercial cotton to be grown on stations, former Pastoral Land Board chair says

The former head of the Pastoral Land Board says growing commercial cotton on pastoral lease land without a special permit does not fall within the definition of “pastoral purposes” under the law, while the Lawler Government’s defence of the action removes the specific wording contained under the Act, which states anything grown on the land must be “essential to” and “inseparable from” the business of cattle grazing.

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