IFM Threatens A$3 Billion SAF Project Without Government Mandate
IFM Investors Pty, a prominent Australian fund manager, issued a significant warning this week: its proposed A$3 billion ($2.2 billion) investment in a sustainable aviation fuel (SAF) production facility in Australia could be scrapped unless the federal government mandates that airlines use the product. This ultimatum, delivered in recent days, places immediate pressure on Australian…