NH3 Clean Energy (ASX:NH3) has begun front-end engineering and design (FEED) work at its WAH2 Project within the Maitland Strategic Industrial Area of Western Australia, with two of the three workstreams now in place to deliver clean ammonia.
The company has progressed into the approval stage, comprising fauna, flora, and heritage surveys, and also the commercial stage that will see the company advancing offtake and partnership agreements ahead of a final investment decision.
NH3 will soon implement the engineering stage, following the ongoing confidential discussions with parties that are interested in participating towards the construction, commissioning, and operations at the project.
The engineering section of the FEED phase has been separated from the ongoing workstreams with the intention of accelerating the schedule and preserving optionality.
Chairman Charles Whitfield says the company is now situated at a busy yet exciting stage for project development with an increasing level of industry player engagement.
“This has opened up some exciting new avenues for taking the project into production that may offer advantages in mitigating the need to separately raise project financing and engaging separate construction and operating teams,” Whitfield says.
“These have the potential to allow NH3 to retain all commercial aspects of the business while accelerating timelines and derisking project delivery.”
NH3 expects to return a final investment decision for the project in late 2026, following the employment of unconditional commercial agreements for project inputs and offtake.
The company is actively engaging with Western Australian Government agencies to gain required approvals.
NH3 Clean Energy is focused on advancing the WAH2 Project to deliver decarbonised hydrogen for export and domestic markets.
Write to Maddison Elliott at Mining.com.au
Images: NH3 Clean Energy
