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Equus advances gas project with Alcoa contract and new partnering funds
8:57am on Friday 23rd of October, 2026 AEDT
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Energy
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Equus advances gas project with Alcoa contract and new partnering funds
8:57am on Friday 23rd of October, 2026 AEDT
Key Points
Binding conditional 10-year Alcoa gas sales agreement for approximately 50 TJ/day
Contract represents approximately 182 PJ of domestic gas supply
US$1.5 million released for Stage Two project partnering
Pre-FEED model estimates US$867 million NPV10 and 31% nominal IRR
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