amu's progress on biodiesel plans

AMU have just announced their biodiesel offshoot has completed the equity raising component for the first commercial biodiesel plant in Australia.

Two investors have now committed $6 million for a combined 33% interest in this plant, which AMU have previously announced will produce 40 million litres per annum - the first of possibly 5 they intend to build (AMU will retain 67% of the first plant).

Main game still oil production in the US, but nice to have a bit of blue sky in the background.

S