17 June 2013
South Australian-based biofuel innovator, Muradel Pty Ltd this week produced its first ‘green crude’, sustainably produced from marine microalgae.
Muradel converted the algae to green crude as part of a $4.4 million Australian Government investment through the Australian Renewable Energy Agency (ARENA) towards a $10.7 million project, which also plans to demonstrate the technology at pre-commercial scale at a demonstration plant to be built near Whyalla.
The next phase for Muradel is to construct the demonstration plant in Whyalla, scale-up, integrate and optimise processes to achieve commercially-viable cost of ‘green crude’ production.
The site at Whyalla has been approved by the Whyalla City Council and Muradel has begun designing the demonstration plant, the tendering process and community consultation.
Muradel Pty Ltd is a joint venture between Murdoch University, the University of Adelaide and SQC Pty Ltd, the latter linked to Aban Australia Pty Ltd, the principal source of private funding to date.