XCF Global, Inc. and Continual Renewable Ventures Pty. Ltd. announced on June 26, 2025, the signing of a non-binding Memorandum of Understanding (MOU). This MOU seeks to launch New Rise Australia Pty., a Sustainable Aviation Fuel (SAF) and hydrotreated vegetable oil (HVO) platform.
The intended agreement is expected to include an equity stake for XCF Global, license fees, and exclusive rights to the Australian market. This partnership aligns directly with XCF's previously announced strategy regarding international expansion.
This development represents a concrete step in XCF Global's global growth ambitions. It positions the company to enter the Australian market, potentially unlocking new revenue streams and expanding its footprint in the rapidly growing renewable fuels sector.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.