Jun 20, 2018 Last Updated 1:01 PM, Jun 14, 2018

New Entry From the Editor :

Australian billionaires Rinehart and Forrest put Atlas Iron in spotlight with share deals

Australian billionaires Rineha…

AusBN - Gina Rinehart’s Redstone Corporation has reportedly purchased...

Australian GDP growth rate hits two year high on increasing mining exports

Australian GDP growth rate hit…

AusBN - Australia’s GDP growth rate has reached a two year high of 3...

Fortescue to construct $1.7 billion mine as WA approaches fresh mining boom

Fortescue to construct $1.7 bi…

AusBN - Fortescue Metals Group has confirmed it will build a new large-scal...

Virgin Australia to trial biofuel at Brisbane airport in world first

passenger plane takeoffAusBNAusBN - Virgin Australia will run a two-year trail for the use of biofuels on flights out of Brisbane Airport, in a move that the Richard Branson-owned airline claims is a world first.

The airline has partnered with US-based renewable fuel producer Gevco Inc to supply ‘biojet’, a mixture of various biofuels and traditional jet fuel, to selected departing aircrafts from Brisbane.

Gevco’s biofuel is comprised of a number of plant-based materials such as sugarcane bagasse, molasses, wood waste and agave, and has the potential to be sourced from local providers in Australia.

“Although there is currently no commercial production of biojet in Queensland, we would expect the success of this project to see demand for fuel grow and provide significant opportunities for local biojet production here at home,” said Queensland premier Annastacia Palaszczuk.

“The opportunity will also translate to our sugarcane industry, who will provide the lion’s share of the biomass these refineries would need.”

@AusBNOnline

This Month's Issue

v3i2 cover web

Subscribe

rgn web banner

abn web banner

Recent Tweets