Consortium to develop $1.78B renewable diesel facility in Western Australia
In Canada, Yamatji Southern Regional Corporation (YSRC), Australian strategy and design firm Veyter and its Canadian parent Agilitas Advisory Corp. have signed a Memorandum of Understanding (MOU) to explore the development of a renewable diesel refinery near Geraldton in Western Australia’s Mid-West. The MOU was endorsed by the YSRC Board, and concept-stage work has now commenced as the parties progress the project through feasibility.
The plant would produce about 1.1 billion liters of biodiesel a year, equivalent to 20,000 barrels a day or approximately 4 per cent of Australian diesel demand, from Western Australian canola and tallow. Output would be sold domestically into mining, agriculture, transport, aviation and defense markets.
A facility of this scale would carry indicative capital expenditure of approximately A$2.5 billion, including the refinery, an integrated oilseed crushing facility and associated infrastructure. Confirming and refining that estimate will form part of the feasibility studies. Any decision to build would follow front-end engineering design and a final investment decision.
Category: Fuels
