Pilot Energy Limited (AU:PGY) has released an update.
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Pilot Energy Limited has announced a 58% increase in the carbon storage capacity of its Cliff Head project, now holding a potential 72 million tonnes. This expansion is set to play a crucial role in Western Australia’s decarbonization efforts, supporting industries such as alumina refining and steel processing. The company credits the updated assessment to refined geological models and the expertise of its technical team and consultant CO2Tech.
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