STX 2.38% 20.5¢ strike energy limited

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    take two

    https://www.copyright link/companies/energy/wa-urea-project-sold-out-several-times-over-strike-ceo-20211215-p59ht2

    WA urea project ‘sold out several times over’:
    Strike CEO

    Angela Macdonald-Smith Senior resources writer
    Dec 15, 2021 – 5.51pm
    A $3 billion urea project planned by John Poytnon-chaired Strike Energy in
    Western Australia could have sold out several times over amid keen appetite from
    buyers in Australia, which will next year lose any domestic manufacturing for a
    compound critical for the agricultural sector.
    A process that kicked off 7-8 months ago to seek customers for the 1.4 million
    tonnes a year of urea planned at Project Haber near Geraldton in the WA
    Wheatbelt “has been oversubscribed for offtake several times over”, said Strike
    chief executive Stuart Nicholls.
    He said the project was intended not just to establish a domestic supply source for
    urea, however, but to ensure it is low-carbon and sustainable for the long term,
    with the ability to switch from running on natural gas to green hydrogen.
 
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