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Australia imports about 90% of its diesel, and disruption linked to the Iran war has renewed concern about the country’s fuel security. GrainCorp’s head of agri-energy said tallow, a meat-processing by-product that can be blended with used cooking oil and canola oil, could help produce renewable fuels; Australian tallow exports reached a record A$1.5 billion last year amid strong global demand.
Using tallow for renewable fuel could increase domestic demand for the animal-fat by-product and compete with export and food uses. Greater use as a fuel feedstock could support tallow values, though the article gives no production or price estimate.
abc.net.auTim LeeNov 6, 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.
