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flag UK firm CPC buys Beetaloo Station for $300M, largest NT pastoral deal, gaining 90K cattle and water rights.

flag Consolidated Pastoral Company (CPC), a UK-owned firm, has acquired Beetaloo Station, a 1.05-million-hectare cattle property in the Northern Territory, in a deal valued at over $300 million—the largest pastoral sale in the territory’s history. flag The acquisition, finalized on December 9, 2025, includes approximately 90,000 cattle and three stations: Beetaloo, OT Downs, and Mungabroom. flag The property, developed over two decades by the Dunnicliff family with support from billionaire Brett Blundy, features extensive infrastructure including over 600 water points and 3,000km of pipeline. flag The purchase expands CPC’s Australian landholdings to over 3.2 million hectares and its cattle herd to around 300,000 head. flag CPC, majority-owned by UK investor Guy Hands, has also applied for water extraction licenses to withdraw over 15,000 megalitres annually for agriculture. flag The site, near Elliott and the Stuart Highway, is known for beef production and underlying shale gas reserves.

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