Viterra Inc.
TSX : VT
ASX : VTA

Viterra Inc.

January 20, 2010 21:30 ET

Viterra Officially Opens Outer Harbor Grain Terminal

ADELAIDE, AUSTRALIA--(Marketwire - Jan. 20, 2010) - Viterra Inc. (TSX:VT) (ASX:VTA) is pleased to officially open its newest facility in South Australia today – its state-of-the-art deep sea grain terminal at Outer Harbor.

Viterra President and Chief Executive Officer Mayo Schmidt said the Outer Harbor facility will greatly boost the State's international competitiveness in exporting premium grain to the world.

"This facility supports Viterra's model of moving essential ingredients from areas of surplus to areas of need around the globe," he said. "By being Panamax-capable, Outer Harbor will deliver considerable savings and largely eliminate the necessity for costly, two port loadings that were necessary when larger ships berth in Adelaide. The efficiency gains Outer Harbor will deliver to shippers and grain marketers will provide the opportunity for those savings to be passed onto growers. We expect Outer Harbor will become the preferred grain export facility for all grain on the eastern side of St Vincent's Gulf because of the efficiencies it delivers."

The state-of-the-art deep sea grain terminal at Outer Harbor was initiated by ABB Grain in late 2006. The berth is capable of fully loading Panamax size vessels (50,000 to 70,000 deadweight tonnes) and part-load Cape size ships (70,000 to 120,000 dwt).

It features automated grain sampling on arrival and automated ticket scanning and card readers for arriving trucks and rail wagons. These systems position Outer Harbor as the most efficient port in South Australia, creating a major advantage for all industry participants.

The terminal is encircled by a 3.5 kilometre rail line that enables continuous unloading of grain from country grain receival sites at up to 2400 tonnes an hour. Grain can also be delivered by road to vessel at 800 tonnes an hour.

About Viterra

Viterra Inc. provides premium quality ingredients to leading global food manufacturers. Headquartered in Canada, the global agribusiness has extensive operations across Western Canada, Australia, and New Zealand, with Adelaide, Australia as the base for Viterra's Southeast Asian operations. Our growing international presence also extends to operations in the United States, offices in Japan, Singapore, China, Switzerland and India. Driven by an entrepreneurial spirit we operate in five interrelated business areas: grain handling and marketing, agri-products, food processing, feed products and financial services. Our expertise, close relationships with producers, and superior logistical assets allow the company to consistently meet the needs of the most discerning end-use customers, helping to fulfill the nutritional needs of people around the world.

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