Carbon News
  • Members
    • Login
      Forgot Password?
    • Not a member? Subscribe
    • Forgot Password
      Back to Login
    • Not a member? Subscribe
  • Home
  • New Zealand
    • Politics
    • Energy
    • Agriculture
    • Carbon emissions
    • Transport
    • Forestry
    • Business
  • Markets
    • Analysis
    • NZ carbon price
  • International
    • Australia
    • United States
    • China
    • Europe
    • United Kingdom
    • Canada
    • Asia
    • Pacific
    • Antarctic/Arctic
    • Africa
    • South America
    • United Nations
  • News Direct
    • Media releases
    • Climate calendar
  • About Carbon News
    • Contact us
    • Advertising
    • Subscribe
    • Service
    • Policies

AgriZeroNZ invests extra $4m in Kiwi company developing methane-inhibiting bolus

28 Aug 2024

 

Media release | AgriZeroNZ is investing a further NZD $4 million in Ruminant BioTech, to accelerate the commercialisation of a methane-inhibiting bolus specifically suited to New Zealand’s pastoral farming system.

The slow-release, biodegradable bolus sits in the animal’s rumen, releasing a controlled dose of a methane inhibitor for up to six months. 

 

The latest trial on cattle demonstrated impressive results, showing a 75% daily methane reduction for 100 days from a single treatment.

 

AgriZeroNZ chief executive Wayne McNee, says the public-private joint venture is pleased to boost its investment in the Kiwi scale up, after an initial investment of NZD $1.8 million in April 2023.

 

“Ruminant BioTech is proving its technology is working – on animals and in New Zealand, so we’re pleased to make this further investment to accelerate the development of a pasture-based solution for Kiwi farmers.

 

“The bolus has demonstrated world-leading results for methane reduction in a pastoral system in its latest animal trial, and we look forward to supporting the team to make their emissions reduction tool available to farmers.”

 

Ruminant BioTech is working with MPI on full product registration to enable the methane-inhibiting bolus to be used on New Zealand farms.

 

Ruminant BioTech CEO, Tom Breen, says the company aims to be treating over 30 million cattle annually by 2030 and envisages this increasing to 100 million cattle within the next 10 years.  

 

“This additional funding from AgriZeroNZ will help us accelerate our product and market development programme and build our first manufacturing plant in New Zealand to bring the product to market in late 2025, starting in Australia and followed by New Zealand, subject to regulatory approvals.”

 

McNee says the bolus could be a game-changing tool to help farmers reduce emissions without changing farming practices.

 

“The bolus application holds huge promise for providing Kiwi farmers with a solution that’s practical and effective.

 

“It has the potential to be suitable for all ruminant animals, and due to its low touch nature, it’s also a viable option for the likes of beef farmers who don’t need to interact with their animals daily.”

 

McNee says AgriZeroNZ has committed more than $34 million across a range of emissions reduction tools and technologies for New Zealand farmers including novel probiotics, low methane pasture and methane vaccines.

 

“There isn’t going to be a one-size-fits-all approach when it comes to reducing emissions across our agricultural sector, so we’re investing in a range of different tools to give us the best chance of providing our farmers with access to affordable, effective solutions,” McNee says. 


More >
Media releases
More >

Conference to tackle flooding and storms to build a climate-resilient future

Fri 9 May 2025

Protecting communities from flooding and ensuring a sustainable and climate resilient water future will be a key focus at a major stormwater conference in Rotorua next week.

Transpower proposes up to $1.4 billion investment in Cook Strait electricity link

Thu 8 May 2025

Media release | Transpower is seeking views on a proposed investment of up to $1.4 billion in Aotearoa New Zealand’s Cook Strait electricity link to ensure it can deliver an affordable and reliable electricity supply to the country as the economy electrifies over the next 40 years.

Bovotica is a Queensland-based agtech company aiming to reduce methane emissions from cattle and boost productivity

AgriZeroNZ backs methane-cutting probiotic in first Australian investment

Thu 8 May 2025

Media release | AgriZeroNZ, the public-private partnership accelerating development of tools to help farmers cut emissions, is investing NZ$1.5 million in Bovotica, a pioneering Australian start-up aiming to reduce methane emissions from cattle and boost productivity.

Commissioner recommends federated system to improve environmental information

Tue 6 May 2025

Media release | The Parliamentary Commissioner for the Environment has written to Ministers recommending they start work on developing a federated system for environmental information.

Cookstove carbon credits: Recipe for cooking the climate books

Tue 6 May 2025

Media release | A new report reveals that cookstove carbon projects eligible for the Korean Emissions Trading Scheme are at risk of issuing 18 times more credits than they should, echoing past EU carbon market mistakes.

Climate effects of volcanoes beneath the waves

Mon 5 May 2025

Media release | Volcanoes erupting underwater have a distinctive effect on the climate that is larger and more widespread than previously thought, according to an international group led by University of Auckland and Tongan scientists.

EECA and Centre for Sustainable Finance partner to unlock private capital for clean energy

1 May 2025

Media release | The Centre for Sustainable Finance: Toitū Tahua (CSF) and EECA (Energy Efficiency and Conservation Authority) have, today, announced a strategic partnership to accelerate private investment in New Zealand’s energy transition. This collaboration aims to address barriers to financing renewable energy projects and energy efficiency projects.

New VCMI guidance risks justifying carbon offsetting and delaying real corporate climate action, NGOs say

1 May 2025

Media realease | In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.

EDS RM Reform Director Dr Greg Severinsen

EDS releases concerning assessment of RMA reform proposals

30 Apr 2025

Media release | EDS has released its comprehensive analysis of the Government’s proposals for a new resource management system and, overall, finds the design concerning.

MEUG welcomes the launch of the Energy Transition Framework

30 Apr 2025

Media release | The Framework brings together generation, retail, the local lines companies and national grid operator Transpower to navigate toward a low-carbon electrified future.

Carbon News

Subscriptions, Advertising & General

manager@carbonnews.co.nz

Editorial

news@carbonnews.co.nz

We welcome comments, news tips and suggestions - please also use this address to submit all media releases for News Direct).

Useful Links
Home About Carbon News Contact us Advertising Subscribe Service Policies
New Zealand
Politics Energy Agriculture Carbon emissions Transport Forestry Business
International
Australia United States China Europe United Kingdom Canada Asia Pacific Antarctic/Arctic Africa South America United Nations
Home
Markets
Analysis NZ carbon price
News Direct
Media releases Climate calendar

© 2008-2025 Carbon News. All Rights Reserved. • Your IP Address: 3.146.37.183 • User account: Sign In

Please wait...
Audit log: