A multi-million dollar initiative in Australia is aiming to advance technologies that can convert food waste into valuable products for a variety of industries.

Meat & Livestock Australia (MLA) will spearhead a $6 million project supported by the Australian Government’s Rural Research and Development (R&D) for Profit programme.

Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce said the funds will help MLA “develop technologies and business models” that can help processors “to convert wastes from the red meat, dairy and pork industries into fertilizers, chemicals, energy and other valuable products”.