This agreement will see the production of chia in the Ord River Region (WA) double in 2010, with the industry on track to be worth $20 million in five years time.
Buchanan was associated with the opening up and stocking of several cattle stations in the Victoria River district and the Ord River region.
The site forms part of the Ord Irrigation Area Important Bird Area (IBA), so identified by BirdLife International because of its importance for wild birds, especially estrildid finches.
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Work started on the main Ord River Dam in 1969 and was completed before the official opening on 30 June 1972 by Prime Minister William McMahon, when he said.
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The construction of the Ord River Diversion Dam started in late 1960 and was officially opened in July 1963 by then Prime Minister, Robert Menzies.
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Among those to take up leases were the Durack and the Emanuel families who together calimed over one million acres along the Fitzroy River in the West Kimberley and a similar amount along the Ord River in the East Kimberley.
In Western Australia, the access road to the Ord River Dam which holds back Lake Argyle - Australia's largest artificial lake - begins at the Victoria Highway just west of the Western Australia / Northern Territory border.