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- Province Resources (PRL) forges ahead with its Total Eren Green Hydrogen project in the Gascoyne region of WA
- Province’s scoping study is underway, with advanced modelling in the works to optimise initial phase one development
- Meanwhile, the company says it’s continuing with recruitment and onboarding of key management staff ahead of the feasibility study
- The company and its partners say they intend the scoping study completed, definitive agreements executed, and feasibility studies advanced by April 2022
- Province Resources last traded at on August 12
Province Resources (PRL) says it’s forging ahead with its Total Eren Green Hydrogen project in the Gascoyne region of WA.
Province’s scoping study is underway, with advanced modelling in the works to optimise initial phase one development.
Additionally, the partners working on the project remain engaged with multiple State Government Departments, aiming to secure lead agency status and intensive project facilitation.
At the local government level, the Shire of Carnarvon has given the project its support, signing a memorandum of understanding (MOU) to investigate the use of a more than 12,000-hectare site north of the Carnarvon township as a suitable site for developing infrastructure as part of the HyEnergy Zero Carbon Hydrogen Project.
The company says it’s continuing the recruitment and onboarding of key management staff ahead of the feasibility study.
Province’s CEO David Frances says the HyEnergy partners are at the forefront of the emerging green hydrogen industry.
“Over the past four months the partners have been constantly working with Government at all levels and other stakeholders to set the framework within which this industry will develop into a key part of the Western Australian economy,” said David Frances.
“The HyEnergy partners, as first movers on ASX in this space, are uniquely positioned to lead this industry as it moves from its current nascent position into a key part of the State’s economy.”
However, he also noted risks facing the partners, particularly the land tenure for green hydrogen projects or a comprehensive legislative regime to govern the industry.
“What is clear to us is that all stakeholders want the green hydrogen industry to succeed, that solutions will be found in a collaborative manner to the current obstacles to the development of the industry and that there is a recognition that the HyEnergy Partners are a key participant in the industry,” David Frances commented.
The HyEnergy partners MOU runs until April 2022, with the intention to have a scoping study completed, definitive agreements executed, and feasibility studies advanced within this time period.
Province Resources last traded at on August 12.
