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NH3 Clean Energy Doubles WAH2 Project Value, Secures Export MoU and Raises Capital
6:26am on Monday 2nd of June, 2025 AEST
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Energy
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NH3 Clean Energy Doubles WAH2 Project Value, Secures Export MoU and Raises Capital
6:26am on Monday 2nd of June, 2025 AEST
Key Points
Pre-FEED results double WAH2 project NPV to A$493 million (ungeared) and A$603 million (geared)
Phase 1 production capacity increased from 600 kTPA to 650 kTPA
Memorandum of Understanding signed with Pilbara Ports Authority for ammonia export
A$600,000 capital raised via equity and convertible notes to support development
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