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Natural Fuel raises $80m in float

Natural Fuel, a major Australian biodiesel producer which is now 50 percent owned by Babcock & Brown Environmental Investments Ltd., says that it has raised AUD$80 million / US$62 million in its public share offer ahead of listing on the Australian Stock Exchange this week. Natural Fuel's first biodiesel production facility has recently undergone the wet phase of commissioning. Located in the northern Australian port of Darwin, Natural Fuel describes the location as being ideal in terms of its global supply chain and logistics. The basic ... Read more →

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