They've done pretty well to secure 75% of the feedstock for 10 years. From what I understand lack of feedstock is the main problem hampering biodiesel in Australia, because - as usual - the government is failing to support local industry while countries overseas are heavily subsidising their biodiesel sectors, which means overseas biodiesel projects can actually buy up the feedstock (primarily beef tallow) in Australia at prices local players can't match.
I guess setting the project up in the middle of WA beef country helps in that regard.
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