CH4 Global signed its first offtake agreement with CirPro to export reduced-methane beef. The partnership is expected scale production of Asparagopsis-based feed supplement, Methane Tamer™, to supply at least 100,000 cattle per day and meet growing global demand for low-carbon beef.
CH4 Global Inc., a climate tech company on a mission to dramatically reduce greenhouse gas emissions from livestock, has 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 explains it 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,” says 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.”
Methane Tamer™, a 100%-natural feed supplement, leverages whole Asparagopsis seaweed to reduce enteric methane emissions from cattle by up to 90%, CH4 Global points out. According to CirPro CEO Reg Smyth, the additive also improves productivity, with cattle in the trials achieving the same weight gain as the control group while consuming less feed.
To support the rapid scaling of Methane Tamer™ production, CH4 Global is currently constructing a new state-of-the-art facility, the EcoPark, north of Port Lincoln in South Australia. Scheduled to begin operations this fall, the EcoPark will enable large-scale production of the Asparagopsis-based supplement to meet the growing global demand driven by the CirPro offtake agreement and future partnerships.
Livestock farming, particularly cattle production, is a significant contributor to global greenhouse gas emissions, with the digestive process of ruminant animals accounting for approximately 30% of all human-driven methane emissions. Methane is a potent greenhouse gas with more than 80 times the warming potential of carbon dioxide over a 20-year period. As the world grapples with the urgent need to reduce greenhouse gas emissions to mitigate climate change, the company explains that solutions like Methane Tamer™ that can dramatically reduce livestock methane emissions are critical.
As governments worldwide increasingly move to regulate livestock emissions, as evidenced by Denmark’s recent announcement of a tax on cattle emissions, the demand for proven methane-reduction solutions like Methane Tamer™ is expected to skyrocket. CH4 Global points out that the company and its partners are well-positioned to capitalize on this trend and deliver significant value to investors while making a substantial impact on global greenhouse-gas emissions.
