In response to the article in the Australian Financial Review today, Australia’s national science agency, CSIRO said it can confirm that it is assembling a group of investors with deep experience to take its methane-busting seaweed to market.
Future Feed is a livestock feed additive made from the seaweed Asparagopsis, which has been shown to reduce methane emissions in beef and dairy cattle by more than 80 per cent in research trials in Australia and the USA. The investors we are working with are AGP Sustainable Real Assets-Sparklabs Cultiv8 Joint Venture, GrainCorp, Harvest Road and Woolworths. Arrangements are close to being finalised.