EarthRenew has today put out more information following its June 19 statement that it had identified a partner for its first potential site in the U.S.
The potential Partner’s site is one of the largest feedlots in the southwestern U.S. with over 200,000 head of cattle a year.
Preliminary results of the feasibility study are encouraging, they indicate there are no regulatory hurdles to moving forward with the partner, relevant permits could be acquired between 12-18 months.
Once the feasibility study is completed and if successful the next stage is getting an LOI signed with the partner.
It is Earthrenew’s intention to open multiple sites across the U.S.