Heathgate Resources Held Talks about Algae Fuels with the State Government in South Australia

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Premier Mike Rann met for an hour yesterday with Neal Blue, the chief executive officer of General Atomics, which owns the Beverley uranium deposits in SA's Far North. Mr Rann said SA was now poised to become a national leader in refining biosynthetic fuels, with the potential to create thousands of jobs.

Mr Blue said his company was interested in developments in microalgal biofuels in SA because there was huge potential for their use in the future – especially in the aviation industry. The Federal Government recently granted $2.7 million to an SA-based consortium to develop a pilot-scale biorefinery for sustainable microalgal biofuels and added products.

The pilot project – run by the Algal Fuels Consortium which includes the SA Research and Development Institute, Flinders University and Sancon Recycling – will be located at Torrens Island.

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