CH4 Global signs first offtake agreement to export reduced-methane beef

August 07, 2024 | Wednesday | News

CH4 Global will significantly increase the supply of Methane Tamer to CirPro and its feedlot partners, HB Rural and Mort & Co...

CH4 Global will significantly increase the supply of Methane Tamer to CirPro and its feedlot partners, HB Rural and Mort & Co

CH4 Global Inc., a climate tech company on a mission to dramatically reduce greenhouse gas emissions from livestock, announced the signing of its first offtake agreement to export reduced-methane beef from Australia. This milestone agreement with CirPro (Australia) will enable the companies to scale production of CH4 Global's Asparagopsis-based feed supplement, Methane Tamer, to meet the growing global demand for sustainably produced, low-carbon beef.

Under the terms of the agreement, CH4 Global will significantly increase the supply of Methane Tamer to CirPro and its feedlot partners, HB Rural and Mort & Co. This will allow for the production of reduced-methane beef from at least 100,000 cattle per day, with a significant portion destined for export markets where consumer demand for low-carbon sustainably produced beef is surging. The first shipment of reduced-methane beef is slated for export later this year, following the successful commercial implementation of Methane Tamer in South Australian beef feedlots earlier this year.

"This offtake agreement is a game-changer for the global beef industry and a major milestone in our mission to bend the climate curve," said Dr Steve Meller, CEO of CH4 Global. "By partnering with industry leaders like CirPro, HB Rural, and Mort & Co, we are now positioned to meet the burgeoning international demand for beef with a significantly lower carbon footprint."

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