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

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  / Mark Tilly /  Asia Pacific, Australia, New Zealand

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.