Global investors boost New Zealand red seaweed farming venture
Francesco Ungaro on Unsplash
Aquaculture startup CH4 Global is increasing its New Zealand operations to turn sustainable red seaweed into methane-busting livestock feed.
The global company will spend $4.45 million to scale up commercial marine and tank-based seaweed cultivation pilots based at Rakiura/Stewart Island.
CH4 Global currently operates a sustainable wild harvest programme at Rakiura of a specific species of red seaweed – Asparagopsis armata to use as a livestock supplement solution to reduce ruminant methane emissions by up to 90 per cent.
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