The company plants more than 100 million seedlings a year and says skidder tests put it on a path to full autonomy.
Logs
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Price for logs exported from Russia to China grew only 0.1%.
Price for logs imported to China upped 1.6%.
Price for sawlog exported from Germany to China decreased slightly 0.8%.
Price for softwood logs imported to China slipped 3%.
Price for logs exported from New Zealand rose 1.3%.
Standing sales prices for sawlogs and pulpwood increased, while industrial roundwood purchases from private forests remained below year-earlier and five-year levels.
Imports of logs to the EU declined only 0.3%.
Price for logs exported from Lithuania declined only 0.1%.
Price for pulpwood imported to Finland decreased 7%.
Price for logs exported from Germany grew 9%.
Price for logs exported from Norway upped 1.4%.
Volumes stay above last year’s level, while March sawlog and pulpwood prices fall from December.
Pulpwood value jumps 17.1% while fuel wood climbs 2.6% and coniferous logs lead sawlog gains.
Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.
Exports of logs from Brazil contracted 29%.
The licence will support about 445 truckloads of logs a year and supply wood for split-rail fencing made at the company’s Kootenay operation.
Price for logs exported from Canada fell marginally 0.4%.