Target price of $1?, page-15

Green is the new gold for minerals exploration firm Province Resources which unveiled its vision to create Australia’s first green hydrogen project in February. It’s still early days but since announcing the plans, interest in the project, which could produce 60,000 tonnes of green hydrogen in the Gascoyne region of Western Australia, has skyrocketed.Dubbed the HyEnergy Zero Carbon HydrogenTM Project, it was revealed by Province Resources as part of an acquisition and proposes to generate 1GW of renewable energy to produce green hydrogen and green ammonia. The company says the project’s close proximity to key infrastructure means it’s capable of supplying domestic and international markets.“It’s likely to be a much bigger project than first thought,” David Frances, Managing Director of Province Resources, enthused to H2 View.“The independent power providers that we’ve talked to so far are talking much, much bigger than a 1GW power station. I’m not exactly sure what numbers we will finally land on hydrogen wise, but it’s likely to be a much larger project than 66,000 tonnes.”

Green is the new gold for Province Resources (h2-view.com)