MIO macarthur minerals limited

Macarthur Minerals (ASX:MIO) teams up with hydrogen battery producer

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    • Macarthur Minerals (MIO) has signed a deal with LAVO Hydrogen Technology to investigate the use of hydrogen power at the Lake Giles Iron Project
    • LAVO creates hydrogen battery systems, which essentially create hydrogen from water, before converting it into power and generating electricity
    • Under the strategic partnership and collaboration agreement, MIO will use up to five LAVO storage units at its worker accommodation facilities
    • The remote facilities are being constructed to support Macarthur's direct shipping ore (DSO) mining operation near Lake Giles in WA
    • If all goes to plan, LAVO may then supply additional hydrogen power operations for MIO's wider Lake Giles mining project

    Read the Full Article on The Market Herald here
 
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