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Renewable Fuels net loss up 959% to $33.6 million

31-August-07 by Edited announcement

South Perth-based Australian Renewable Fuels Ltd has recorded a net loss of $33.6 million, a 959 per cent increase on the loss recorded in the previous year.

The news comes after a major multinational oil company terminated advanced negotiations with with ARF to supply its WA retail service stations with blended biodiesel.

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