The sprawling Surrey Hills plantation, south of Burnie, Tasmania, was once at the heart of the Gunns forestry empire, the target of much environmental angst. If HIF Global gets its way, it could be ground zero for clean and green fuel.
Texas-headquartered Highly Innovative Fuels Global is backed by Porsche and wants to build a $1 billion synthetic fuels plant in the area. It’s betting on huge demand from Japanese customers, willing to pay a premium for environmentally friendly fuel.
Angela Macdonald-SmithSenior resources writerAngela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
