Strike Energy plan fertiliser plant capable of supplying bulk of Australia’s urea needs

Plans for a $2.3 billion fertiliser project capable of manufacturing three-quarters of Australia’s current urea demand have been unveiled.

Oil and gas junior Strike Energy said the proposal would use gas from its Perth basin project and convert it into fertiliser for the agricultural market.

If the plant goes ahead, it will be capable of producing 1.4 million tonnes of urea per year for 30 years.

Urea is used by broadacre farmers as a source of nitrogen…