Cradle Resources Limited (AU:EE1) has released an update.
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Earths Energy Limited is investigating the feasibility of constructing geothermally powered data centres in Queensland, aiming to utilize clean energy to power and cool facilities, thereby reducing operational costs and carbon emissions. The initiative follows trends set by tech giants such as Google, Microsoft, and Meta, and highlights the increasing importance of data sovereignty and sustainable infrastructure in the booming data centre market. The company’s proximity to major urban areas like Brisbane and Gold Coast could enhance the commercial appeal of this green initiative.
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