newsSep 8, 20261:53failed

Benmara Station’s Carbon Dream Crashes | Adelaide News

Adelaide News Today | 2 Min News | The Daily News Now!

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Benmara Station in the Northern Territory just sold for $26 million — a steep drop from its $40 million purchase last year — to UK livestock producer Shaun Davis, who’s launching Benmara Land Holdings to run it. The property’s previous owner, WealthCheck, had big dreams of a carbon project using Human Induced Regeneration, but it never generated credits and was revoked by regulators, leading to the company’s liquidation. With cattle numbers down and development potential still intact, Davis is poised to pivot Benmara back to traditional beef production — while two other former WealthCheck stations are now also back on the market.

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