Pure Hydrogen Corporation Limited Registered Shs (AU:PH2) has released an update.
Australian energy firm Pure Hydrogen Corporation Limited has announced the signing of a five-year lease for a 4,000 square meter site at Archerfield Airport, Queensland, to launch their inaugural green hydrogen micro-hub. Slated to begin supplying green hydrogen fuel by Q4 2024, the company aims to serve commercial transport and aviation industries, advancing its strategy to establish multiple cost-efficient hydrogen production sites. The Archerfield micro-hub will initially produce approximately 420kg of green hydrogen daily, with plans to scale up operations based on demand.
For further insights into AU:PH2 stock, check out TipRanks’ Stock Analysis page.
