Nationals leader, David Littleproud, says the federal coalition won't hesitate to initiate a Senate inquiry to trawl through the pros and cons of any foreign bid for Australia's biggest fertiliser business.
Although no sale deal has been confirmed, South East Asia's biggest urea fertiliser maker, Pupuk Kalimantan Timur, is widely considered the key player behind moves to take over, or acquire a significant stake in, Incitec Pivot's fertiliser division.
Grain Producers Australia chief executive, Colin Bettles, said farmers expected to be at the forefront of any discussions if a deal was on the table and FIRB investigations were triggered.
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