Elders Forestry (formerly
ITC Limited, a wholly owned subsidiary of Elders Limited) is renowned as Australia’s leading integrated forestry and timber company and largest hardwood plantation manager. The company became a provider of forest establishment and management services to approximately 9,000 retail, corporate and institutional investors in the 1990's .
Elders Forestry’s plantations cover over 150,000 hectares located in Western Australia, South Australia, Victoria, Tasmania and Queensland. The species managed by ITC Forestry include eucalypt pulpwood, Indian Sandalwood, Teak and Red Mahogany. Elders Forestry is currently looking ahead to a positive financial future; the harvest value of the trees of its hardwood plantations over the next 10 years is approximately $2.5 billion, at current sales prices. The future harvesting and management fees collected by Elders Forestry will total approximately $A100 million.
Elders Forestry projects
In November 2011, Elders Limited announced they are withdrawing from Forestry. As a result, Elders Forestry projects are no longer available.
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 | Aegis Independent Research Report |