OneFortyOne invests $20M in renewable biomass power at Australian sawmill

In Australia, OneFortyOne has invested nearly A$30 million in a renewable biomass power generation project at our Jubilee Sawmill.

The project, which includes the installation of a new boiler and steam turbine, represents a total investment of approximately A$90 million. This initiative underscores our commitment to continuous investment, demonstrating our long-term dedication to the region, sustainability and innovation.

The new turbine will generate more than enough electricity to power the entire Jubilee Sawmill site. The excess renewable electricity can be returned to the grid or used to enable future electrification of forklifts, trucks and other machinery.