Wattle Health (WHA:ASX) has announced Corio Bay Dairy Group, a joint venture between Wattle Health, Niche Dairy and Organic Dairy Farmers of Australia (ODFA) has signed an agreement with ODFA, to provide for the first ever commercial quantity of organic A2 fresh milk to be processed into organic A2 nutritional dairy powder.
Corio Bay is currently well advanced in constructing Australia’s first dedicated organic nutritional spray dryer.
Once completed, the facility will process both existing organic fresh milk from ODFA, and the newly sourced, organic A2 fresh milk supplied.
Wattle Health says no competitor has brought to market an organic A2 nutritional dairy product. This is a unique and valuable position for the company and is anticipated to substantially increase both brand awareness and potential sales both domestically and internationally.
Shares in Wattle Health (ASX:WHA) are trading 3.7 per cent higher at 84 cents.