08/09/29 10:11 AM: Friday 26 September 2008 ASX Release
ARF is pleased to announce the execution of an agreement between FMG Chichester Ply Ltd, a subsidiary of the Fortescue Metals Group 'FMG") and Australian Renewable Fuels Picton Pty Ltd for the purchase and supply of biodiesel to FMG's Cloudbreak mine site in the Chichester Range, Pilbara, Western Australia. The agreement provides for the supply of a minimum volume of 5 million litres of biodiesel per annum with a target volume of 7.5 million litres. The term of the agreement is 5 years.
BGC Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
