Nicholson Ryan Lawyers is pleased to have advised Midway Limited (Midway) on the successful negotiation of a Supply and Management Agreement with Rio Tinto

Nicholson Ryan Lawyers is pleased to have advised Midway Limited (Midway) on the successful negotiation of a Supply and Management Agreement with Rio Tinto. Under this agreement, Midway will develop and manage pongamia tree plantation sites across the Burdekin Shire region in Northern Queensland, on land owned by Rio Tinto.

 The plantations are part of Rio Tinto’s broader biofuels initiatives, which is aimed at testing the viability of using oil-rich seeds from the pongamia trees as a sustainable renewable diesel feedstock to reduce reliance on fossil fuels. As part of the project, Midway will plant, maintain and harvest pongamia trees across nearly 3,000 hectares of land with the trees expected to become harvest-ready in approximately 5-years.This project reflects a growing commitment to long-term investment in renewal energy by one of Australia’s leading mining companies, Rio Tinto, and we are proud to have supported Midway in its involvement in this important project.

The Nicholson Ryan team was led by partners, Leath Nicholson and Lee Mitchell and supported by associate, Adrian Au.