Australian low-emissions wood pellet producer secures 30-year lease for NZ facility

Published 06:22 on April 5, 2024 / Last updated at 06:24 on April 5, 2024 / / Asia Pacific (Pacific), Net Zero Transition (Industrial Decarbonisation, Transport & Heating Fuels)

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An Australian company has secured a 30-year lease agreement in New Zealand where it intends to build a NZ$300 mln ($180 mln) plant producing wood pellets that when burned emits 95% less carbon than coal.
An Australian company has secured a 30-year lease agreement in New Zealand where it intends to build a NZ$300 mln ($180 mln) plant producing wood pellets that when burned emits 95% less carbon than coal.


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