Altus is pursuing a range of growth opportunities to expand its current operations in both scale and location including:
Expansion of the Tuan Wood Pellet Facility
The Tuan wood pellet facility is well placed for expansion opportunities both through access to additional fibre from Hyne, raw material from alternative local wood processors and through the use of the QSL export facility at Bundaberg. The Tuan plant has been designed to allow capacity expansions up to 125,000 tonnes per annum with minimal capital requirements.
Additional Greenfield Operations
Altus has explored and identified potential wood pellet project opportunities in alternative locations around Australia. The operational performance of the Tuan wood pellet facility will assist Altus in demonstrating the viability of these projects and securing off take arrangements with key suppliers of wood waste and biomass.
Altus has identified several opportunistic acquisition targets in the Pacific Rim region. Altus’ strong relationship with several key Japanese trading houses will assist in linking these facilities with the Korean and Japanese power generation markets.