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Australian firm Continual Renewable Ventures plans to replicate XCF Global's Reno, Nevada facility at three sites in Australia. The plants would convert waste oil, tallow and later non-food crops into renewable diesel and sustainable aviation fuel.
The project is aimed at cutting reliance on imported diesel for mining and agriculture in Western Australia.
New renewable diesel capacity would add demand for tallow and distillers corn oil as feedstock, which supports their prices. Over the longer term it could ease import demand for fossil diesel, but the project is still at the land-securing stage and has little near-term price impact.
watoday.com.auMichael PhilippsNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
