With NSW having a 2% mandate makes sense to have plans for another plant in the pipeline.
They have alot on the go at the moment, I hope they don't drop the ball. Europe, USA, Australia, man there really taking on alot especiall for a company with such a small market cap!
They are really banking on successfully getting Beatrice up and running I's say. With contruction really taking off of late re www.beatricebiodieselcam.com
Nothing yet on the details on the Agri Company so they can grow there on feed stock, a little mention of it below, that seems like a great idea to keep the input costs down. Time will Tell.
http://www.abc.net.au/news/newsitems/200703/s1879
665.htm
Plans lodged for $120m Riverina ethanol plant
Plans have been lodged with the New South Wales Government for a $120 million ethanol plant at Oaklands in the southern Riverina.
AgriEnergy chief executive officer Peter Anderton says four sites in Australia are being considered for the company's second ethanol refinery.
The other local sites are at Coleambally and Condobolin, along with Murtoa in Victoria.
Mr Anderton says if Oaklands, in south-west NSW, is chosen, the plant would need 600,000 tonnes of grain a year.
Mr Anderton says it plans to grow its own grain, as well source it from regional farmers.
"I think the grain availability in the area is very strong," he said.
"It's got a good catchment area for grain. We have a good site located just north of the town which has access to rail and all the major facilities and it is close to a population centre that could support such a development."
AgriEnergy's board is due to meet in the United States in July to decide where the second refinery in Australia will be located.
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