American agribusiness giant Cargill has unveiled plans for a $500 million canola oil processing plant in East Rockingham, Western Australia.
The state produces more than 2 million tonnes of canola annually, with the industry valued at over $1 billion, most of which is exported to Europe, Japan, and the Middle East.
The new facility, named Project "Crux," aims to expand WA's value-adding capacity and open new export markets.
Cargill says the plant will boost local processing of canola oil and supply both domestic and international customers.
Discussions are also underway with oil major BP to channel oil into a proposed — but stalled — biofuels plant in Kwinana for aviation fuel production.
The City of Rockingham opened public comments on the project on Jan. 13. The factory is slated for Patterson Road, adjacent to CBH's grain export facility, with both parties exploring shared supply chain arrangements.