Name of the Project
WAH2 project.
Location
Western Australian Maitland Strategic Industrial Area.
Project Owner/s
Hexagon Energy Materials.
Project Description
A prefeasibility study has demonstrated the technical and financial viability of WAH2.
The proposed WAH2 facility will produce low-carbon hydrogen using proven technology to reform natural gas feedstock, carbon capture and storage (CCS) in depleted gas reservoirs, and harnessing northern Western Australia’s renewable-energy potential.
The hydrogen produced will be converted into low-carbon ammonia, offering reduced processing and transportation costs, and greater energy efficiency than the alternatives of liquid hydrogen or liquid organic hydrogen.
The project will be completed in phases.
Phase 1 is based on 600 000 t/y of potential ammonia production capacity, doubling to 1.2-million tonnes a year in Phase 2.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Phase 1 and Phase 2 development is expected to deliver a net present value, at an 8% discount rate, of A$486-million at an internal rate of return of 10.5%.
Capital Expenditure
Phase 1 – A$1.62-billion.
Planned Start/End Date
A final investment decision is targeted for the end of 2024, with first production expected in 2027.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Petrofac (engineering and cost estimation).
Contact Details for Project Information
Hexagon Energy Minerals, tel +61 8 6244 0349 or email info@hxgenergymaterials.com.au.