CleanEyre Global: FutureFeed welcomes new licensee
FutureFeed is pleased to welcome a new licensee: South Australian-based CleanEyre Global. The company is located by the waters of the Eyre Peninsula, where Asparagopsis seaweed thrives.
Thanks to the efforts of its licensees, FutureFeed is commercialising the use of Asparagopsis as a livestock feed ingredient that can reduce methane emissions by 80 per cent. FutureFeed’s licences provide livestock market access for Asparagopsis producers and ensure the technology is rolled out in a safe and sustainable way.
CleanEyre Global grew out of the large-scale oyster hatchery and nursery of Eyre Shellfish. In early 2021, Eyre Shellfish needed to find a new use for surplus raceway and dam facilities.
“One of our team members told me about the new applications being discovered for Asparagopsis,” CleanEyre Global CEO Allan Bryant said.
“With Asparagopsis seaweed so prolific in the harbour, we went for a dive out in front of the hatchery and picked up 50 kilograms of it,” Bryant said.
“We set about cultivating it in one of our dams, and it really took off! Our team includes marine biologists who specialise in algae and they knew how to achieve ideal reproductive conditions.”
With a proof of concept complete and an Asparagopsis hatchery already established, CleanEyre Global is now ready to focus on commercialisation, production and processing.
“I’m excited by the contribution the company can make to address climate change, as well as the employment opportunities it will create in South Australia,” Bryant said.
“With accelerating demand for our solution from the livestock industry around the world, FutureFeed is delighted to welcome another licensee. It is a privilege to be working with innovative and dedicated companies and their people, who are committed to solving one of the biggest challenges of our time,” FutureFeed Board Chair Cassandra Kelly said.
About FutureFeed:
FutureFeed holds the global IP rights to technology developed by CSIRO, Meat and Livestock Australia and James Cook University and is commercialising the use of Asparagopsis seaweed to lower methane emissions from ruminant animals. It supports the growth of the value chain by working with partners to drive adoption of the use of Asparagopsis as a feed ingredient for livestock to reduce methane emissions.
We deliver supply chain access to our seaweed producers through a variety of license agreements. Our license agreement and research projects can change the way industry and consumers will behave and perceive methane reduction in livestock.
Media enquiries: media@futurefeed.com.au