Shares in Kangaroo Island Plantation Timbers are held mostly in Australia by private investors and fund managers who seek an exposure to timber investments and long-term, steady income streams through dividends. On this site you will find information for investors and shareholders. To invest in KIPT, speak to your fund manager or financial adviser.
Smith Bay Wharf
The site of the proposed export facility is on Kangaroo Island's sheltered North Coast. It has deep water for berthing large ships and relatively flat land suitable for stockpiling timber products. It is also a partially degraded site, having been a former land-based abalone farm, and does not provide habitat for any critically endangered species. Smith Bay is close to plantation resources compared to many other proposed sites.
KIPT is pleased to have formed many critical partnerships in its progress towards mobilising the forestry industry on Kangaroo Island. Commonwealth Bank of Australia has provided loan funds to assist with the acquisition of timber and also for the building of the wharf. Mitsui is a highly regarded international trader, including in the timber industry and has signed a Memorandum of Understanding to market all of KIPT's products.