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Other businesses

Wesfarmers also holds major investments in the following companies, which are not covered in this report.

Bengalla

Through our Resources business, Wesfarmers owns a 40 per cent interest in the Bengalla coal operation in the Hunter Valley in New South Wales.  During the reporting period, this was through a joint venture with Coal and Allied, a member of the Rio Tinto group of companies.  The Bengalla operation produces steaming coal for export markets. 

For further information, click here.

BWP Trust

At the end of the 2015 financial year Wesfarmers owned 24.8 per cent of BWP Trust, which develops and owns properties for our Bunnings business and other retail/commercial companies.

For further information, please click here.

Gresham Partners Group Limited

Wesfarmers owns a 50 per cent interest in Gresham Partners Group Limited, the holding company for the Gresham Partners investment banking operations. In addition, we are a participant in the Gresham Private Equity funds, which realised assets during the year, with the remaining holding being an underground mining services business operating in Australia and overseas markets.

For further information, please click here. 

Quadrant Energy

Wesfarmers owns a 13.7 per cent interest in Quadrant Energy. All of Quadrant Energy’s gas production is supplied to the Western Australian domestic gas market, and currently represents approximately 40 per cent of Western Australia’s domestic gas supply.

For more information, click here.

Queensland Nitrates Pty Ltd (QNP) 

Through WesCEF, Wesfarmers owns a 50 per cent interest in QNP, located at Moura in central Queensland. QNP is an ammonium nitrate producer and services the mining sector in the Bowen Basin.

For further information, please click here.

Wespine Industries

Wesfarmers owns 50 per cent of Wespine, which operates a plantation softwood sawmill at Dardanup in Western Australia.

Wespine purchases the majority of its raw material through its plantation log supply agreement with the Western Australian Forest Products Commission, which is in place until 2033, thus providing long-term resource security for the business.

For further information, please click here.