Kangaroo Island Plantation Timbers Ltd

Kangaroo Island Plantation Timbers is Australia’s only listed timberland company. It manages a wholly-owned portfolio of hardwood and softwood forestry plantations, growing on former agricultural land on Kangaroo Island, South Australia. The Company owns about 25,000 hectares of productive Kangaroo Island land, with 14,200 planted to either softwood (radiata pine) or hardwood (eucalyptus globulus and eucalyptus nitens). A further 7300 hectares is remnant native vegetation. The Company also owns Kangaroo Island’s only sawmill, and owns potential port sites at Ballast Head and Smith Bay. The Smith Bay site is considered suitable as a site for a deep water wharf that can be used as a bulk log or chip export facility.