NH3 Clean Energy Secures Key MoUs, Funding and Government Backing for WAH2 Ammonia Project

The latest update is out from Hexagon Energy Materials Ltd. ( (AU:NH3) ).

In the December 2025 quarter, NH3 Clean Energy advanced its WAH2 clean ammonia project with key commercial, regulatory and funding milestones, including Memoranda of Understanding with Mitsui O.S.K. Lines and ITOCHU Corporation targeting aggregation of 600,000 tonnes per annum of clean ammonia demand, and approval for facilitation support under the Western Australian Government’s Lead Agency Framework, which has accelerated engagement with state departments on project approvals. The company completed a $4 million institutional placement to fund Front End Engineering and Design, progressed selection of preferred engineering and construction partners including potential Build Own Operate options, advanced financing discussions with the Northern Australia Infrastructure Facility supported by an upcoming public benefits assessment, and reported favourable initial environmental survey results indicating no fauna issues likely to delay development, collectively strengthening WAH2’s pathway toward a planned final investment decision at the end of 2026 and reinforcing NH3’s positioning in Asia’s energy transition market.

More about Hexagon Energy Materials Ltd.

NH3 Clean Energy Limited (ASX: NH3) is an Australian-listed company focused on the clean energy transition, developing low-emission fuels and energy materials. Its flagship WAH2 clean ammonia project in Western Australia is aimed at supplying low-emissions ammonia to decarbonising economies in the Asia Pacific, particularly Japan and South Korea, as well as the maritime sector.

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Technical Sentiment Signal: Buy

Current Market Cap: A$60.43M

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