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Hexagon Energy Materials Ltd. ( (AU:NH3) ) has issued an update.
NH3 Clean Energy Limited has signed a Commitment Agreement with Pilbara Ports Authority to lease land at the Port of Dampier for its WAH2 clean ammonia project. This agreement will allow NH3 to use the land for ammonia storage, enhancing operational flexibility and expansion capabilities. The collaboration with Pilbara Ports supports NH3’s strategic goals in the clean ammonia market, providing significant benefits for the WAH2 Project’s initial operations and future growth.
More about Hexagon Energy Materials Ltd.
NH3 Clean Energy Limited is a company focused on supplying low-emissions ammonia to the Asia Pacific region, including Japan and South Korea. The company is also involved in providing decarbonized ‘bunker’ fuel for bulk carriers transporting iron ore from Australia to Asia, positioning itself as a key player in the energy transition towards low emissions energy.
YTD Price Performance: 188.89%
Average Trading Volume: 1,010,485
Technical Sentiment Signal: Buy
Current Market Cap: A$33.59M
For an in-depth examination of NH3 stock, go to TipRanks’ Overview page.