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European offer for Australian sugar mill

Rural News

Mackay Sugar could be partially foreign owned in the coming months.

A non-binding proposal from German company Nordzucker is proposing to take a seventy percent stake in the struggling mill.

If successful it’ll see upgrades of mills, and the $2 per tonne grower contribution repaid.

Rural reporter Eddie Summerfield caught up with Cane growers Chairman Paul Schembri to find out more:

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