Boral acquire Culcairn Quarry in New South Wales

Strategic land acquisition will extend rock resources in the region by more than 20 years

BORAL Ltd have announced the recent strategic acquisition of Culcairn Quarry in southern New South Wales, located 50km north of the NSW/Victorian border city of Albury-Wodonga.

Prior to the acquisition, Boral operated the site under a lease arrangement for more than 25 years. The 110ha operation employs around 14 people and has high-quality rock resources that will secure the supply of Boral’s integrated downstream concrete and asphalt operations for more than 20 years.

Vik Bansal, chief executive officer of Boral, said: ‘Boral are committed to strengthening our positioning in both upstream and downstream assets to better support our customers as part of our Good to Great strategy. We have operated the quarry for over 25 years under a lease arrangement, so when the opportunity arose to acquire the quarry land, it made sense.

‘Albury-Wodonga has a healthy pipeline of projects and is naturally a key region for Boral. This acquisition enables us to extend our high-quality reserves and continue supporting the community and supplying to local infrastructure projects. We are excited to maintain our operations in the area, and thank our employees, contractors, and suppliers for contributing to the success of the quarry.’