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flag Australia invests $1.1B in biofuels to boost regional economies and clean energy.

flag Australia’s $1.1 billion federal investment in biofuels is set to boost regional economies by supporting both large and small biofuel facilities, particularly those near feedstock sources like sugar cane residue, canola, and agricultural waste. flag Projects including a planned SAF plant in Townsville and a major greenfield oilseed crushing facility by GrainCorp could process up to a million tonnes of canola annually, creating jobs and long-term supply agreements. flag The initiative aims to leverage regional agriculture, freight networks, and port access to produce sustainable aviation fuel and other biofuels, while utilizing by-products like canola meal and exploring alternative feedstocks such as tallow and algae. flag The effort supports economic growth in rural areas and advances Australia’s clean energy goals.

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