HZR 2.21% 33.3¢ hazer group limited

Ann: Ex-PWC Global Mining Leader Secured as New Chairman, page-13

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  1. 2,099 Posts.
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    $A111M these guys are spending in the next 3 years to make Hydrogen from gas in Brunei and ship it to Japan.

    Shell, Mitsubishi, Mitsui & Nippon.... Think u could do better with Hazer....

    "Engineering company Chiyoda will work with trading houses Mitsubishi Corp. and Mitsui & Co., as well as maritime shipper Nippon Yusen, to start importing an annual 210 tons of hydrogen from Brunei.

    Mitsubishi currently works with the Brunei government to produce liquefied natural gas. Chiyoda will extract hydrogen from this gas at a new facility to be constructed locally.

    The hydrogen will then be turned into a compound that stays liquid at room temperature, compressing it to 0.2% of its volume as a gas, and shipped to Japan by Nippon Yusen. It will be converted back into hydrogen upon arrival before being mixed into natural gas that will be burned at a power plant operated by a Showa Shell Sekiyu affiliate in Kawasaki. The entire project is expected to cost up to 10 billion yen ($89.2 million)."
 
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