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Terragen Holdings Limited (ASX:TGH)

ALERT: Price-sensitive ASX Announcement for TGH
Current share price for TGH : $0.024 0.008 (50%)+
Announcement
Release
28 May 2026 9:51AM
Price at Release
$0.016
Full Release
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Summary
Terragen Holdings Limited has secured its first large-scale commercial supply agreement with Ravensworth Feedlot in New South Wales for the supply of Terragen Probiotic® for Ruminants (TPR) and Great Land Plus® (GLP). The agreement marks a significant milestone for Terragen's commercialisation strategy, allowing for the deployment of TPR across livestock operations of up to 40,000 cattle per day and a commitment to provide a minimum of 360,000 doses. Additionally, a comprehensive trial supported by Meat & Livestock Australia Donor Company and Mort & Co aims to assess the feedlot performance and eating quality of TPR Ultra across 10,000 cattle, potentially leading to a long-term supply contract if successful.
Key Points
  • Terragen secures first large-scale commercial supply agreement.
  • Agreement with Ravensworth Feedlot, NSW for TPR and GLP products.
  • Minimum commitment of 360,000 doses of TPR.
  • Agreement includes the installation of a Terragen dispenser.
  • If successful, the trial with Mort & Co may boost TPR sales in FY2027.
  • Trial supported by Meat & Livestock Australia Donor Company.
  • Potential 25% to 50% sales increase in early 2027 contingent on KPI achievement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.