Alterra Limited (1AG:ASX)

4.5¢

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Last trade 10.17am 12/08/2020 20mins delayed

Company Overview

Alterra Limited is an Australia-based company, which is engaged in agri-forestry services, which consist of management of carbon forests for the purpose of sequestration of carbon from the atmosphere and the generation of carbon credits or Australian Carbon Credit Units (ACCUs), and dairy operations, including development of a feasibility study for the expansion of a System 5 dairy project in Western Australia. The Company operates through two segments: Plantations and Dairy. The Plantations segment includes the planting and managing of mallee trees in low rainfall areas of the wheat-belt of Western Australia to produce carbon credits. The Dairy segment includes the running of dairy operations in Western Australia. It focuses on Carbon Farming Initiative (CFI) projects in Australia. The Company manages approximately 18,000 hectares of agri-forestry projects in Western Australia to generate ACCUs and voluntary carbon offsets.

1AG in the news

Alterra (1AG) has entered two contracts to sell part of its Dambadgee…

1AG in the news

Agricultural business, Alterra (1AG) has secured a 300-hectare avocado project in Pemberton…