SYDNEY--(BUSINESS WIRE)--Sep 16, 2026--
Multi Minerals Australia, a leading mining company, announced a one-of-a-kind formulation of Australian clays which has proven it can reshape the global poultry feed economic landscape.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916711777/en/
Numerous scientific, clinical, and commercial producer validations have demonstrated the product’s significant benefits; including the reduction of feed costs; improvements in: growth; meat yield; feed conversion; resistance to heat stress; eggshell quality and production: reduced inflammation and mortality in layer and broiler production.
It has been demonstrated that the product can reduce reliance on antibiotics. It can create a scalable export opportunity for international markets. The proprietary non-antibiotic product is produced from the company’s large quarry, operational for over 50 years.
The unique clay feed component directly addresses two of the global poultry industry’s biggest concerns:
Feed economics. The highest operating cost - feed. This organic clay stockfeed component reduces feed cost per tonne. The clay formulation has been priced below the cost of a tonne of stockfeed, wherever landed globally. Profitability is further enhanced by increased productivity.
By seamlessly replacing 5% of traditional ingredients, this proven stockfeed component is incorporated into the feed in powdered form. The product has been used globally, outperforming market alternatives.
Antimicrobial stewardship. The formulation is positioned as an alternative to antibiotic growth promoters, supporting industry efforts to reduce reliance on chemical therapeutics and providing a non-antibiotic option as producers respond to antimicrobial resistance concerns.
Additional benefits. The product is clean and green, organic with no antibiotics, chemicals, stabilisers, flavours, additives or colours of any kind. It is environmentally sustainable.
The product’s uniqueness is doubly insured. Firstly, the specifics of the geological deposit from which the product is made, is not known to occur elsewhere in the world. Secondly, the clay formulation is one of a kind.
The product has backing from Government bodies, research consortia, and industry leaders advocating for antimicrobial resistance solutions.
Separately, the quarry supplies thermal resistivity and related materials to solar, wind and other infrastructure projects. This diversified resource base supports operating resilience. View www.multiminerals.com.au
Unique, non-antibiotic clay stockfeed component and production enhancer from Multi Minerals Australia. Sourced from its one-of-a-kind geological deposit. Proven results. Worldwide distribution. Potential applications and lower cost benefits to a range of commercial animal production, particularly poultry. Expressions of interest sought.
`U.S. futures rose Wednesday ahead of the Federal Reserve’s decision on interest rates with high expectations that they will move higher in what would be the central bank's first hike in more than three years.
Federal Reserve Chair Kevin Warsh, economists say, has largely boxed himself into a rate hike after delivering a high-profile speech last month warning that inflation remains well above the Fed’s 2% target. U.S. data released last week showing that inflation remains stubbornly high bolstered expectations for higher rates, which can slow borrowing and cool costs.
That puts Warsh on a collision course with President Donald Trump, who wants the Fed to cut interest rates. Trump lambasted former Fed Chair Jerome Powell over the issue before he nominated Warsh for the job this year.
Futures for the S&P 500 gained 0.2% on Wednesday. Futures for the Dow Jones Industrial Average climbed 0.1% and the Nasdaq rose 0.4%.
Oil prices declined for the first time this week with Saudi Arabia’s crucial oil pipeline closure adding to pressure on global oil supply. Yemen's Iran-backed Houthi rebels have been targeting infrastructure in the kingdom as well as its shipping on the Red Sea, where they have seized several islands on the Bab el-Mandeb Strait. And Iran is still targeting ships in the Strait of Hormuz.
Brent crude, the international standard, fell 1.1% lower to $107.61 a barrel, but is still far above the $70 per barrel before the U.S. and Israel attacked Iran in late February.
Benchmark U.S. crude dropped 2% to $103.70 a barrel.
A gallon of gasoline in the U.S. rose again overnight, hitting $4.37 on average, according to motor club AAA. A week ago, gasoline averaged $4.22 a gallon. Diesel, which topped $6 a gallon on Friday, is now $6.31 a gallon on average, up from $5.94 a week earlier.
Higher U.S. Treasury yields have pressured on the stock market. Government bond yields have risen as the Iran war-driven energy crisis added to inflationary pressure while the U.S. national debt grew.
The 10-year Treasury was at 5% on Wednesday, after it briefly touched 5.04% this week, its highest level in years.
The Commerce Department releases retail sales data for August. In July, Americans unexpectedly cut their spending by the biggest amount in more than a year with retail sales falling 0.6%. Economists are expecting a rebound in August, with analysts surveyed by FactSet projecting a 0.9% increase
In Europe, Britain's FTSE 100 rose 0.6% to 10,723.77. France's CAC 40 climbed 0.4% to 8,123.78, while Germany's DAX gained 0.3% to 25,466.60. Asian markets were higher.
The U.S. dollar rose to 155.19 Japanese yen from 155.10 yen. The euro was trading at $1.1535, down from $1.1544.
Michael Pistillo works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)
Michael Gallucchi Traders works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Sept. 16, 2026. (AP Photo/Lee Jin-man)
Members of media shoot the screens showing the Korea Composite Stock Price Index (KOSPI), the Korean Securities Dealers Automated Quotations (KOSDAQ) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Sept. 16, 2026. (AP Photo/Lee Jin-man)
A dealer walks past the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Sept. 16, 2026. (AP Photo/Lee Jin-man)
The screens showing the foreign exchange rates are displayed at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Sept. 16, 2026. (AP Photo/Lee Jin-man)
