Triple Energy Limited ( (AU:HYT) ) has issued an announcement.
HyTerra Limited is preparing to begin the exploration phase of its Nemaha Project in Kansas, following a strategic investment from Fortescue Future Industries Technologies. The project’s progress is contingent on weather conditions in Kansas, with drilling activities planned post-winter storms. This development is significant for HyTerra as it advances its exploration in the natural hydrogen and helium market, potentially enhancing its position as a first mover in the industry.
More about Triple Energy Limited
HyTerra Limited is a company that explores natural hydrogen and helium resources, focusing on white hydrogen, which has the potential for lower production costs and carbon emissions than man-made hydrogen. The company operates projects in Kansas and Nebraska, USA, with the potential to connect to industrial hubs via existing infrastructure.
YTD Price Performance: -2.50%
Average Trading Volume: 2,171,364
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$63.45M
For detailed information about HYT stock, go to TipRanks’ Stock Analysis page.