Multi-million dollar coconut oil industry benefits tiny Pacific island community
by Sean Dorney

Australia News Network    Translate This Article
1 May 2014

On 1 May 2014 Australia News Network reported: A tiny Pacific island is fast becoming a booming coconut oil producer, several decades after its lucrative phosphate mines closed. The raised coral island Banaba, part of Kiribati, was so denuded by years of phosphate mining that the British colonial authorities relocated its people to Rabi Island in Fiji. Now, one Banaban islander and his Australian wife have built up a company offering work for as many Banabans as the mining once did. It produces coconut oil destined for the booming international market. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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