date:Feb 25, 2016
Australias infant formula resources to the China market, and that this will push up prices in Australia. On the other hand, it has been described its good news for other dairy processors on the Australian mainland and Moon Lake Investments says it will continue to supply the milk produced at VDL under the same contractual terms are currently in place.
Moon Lake Investments is controlled by Chinese billionaire Lu Xianfeng.
VDL was established in 1825 and is located in northwest Tasmania. It is