Hexagon Energy and Air Products Team Up on Blue Hydrogen Project in Australia

By April 29, 2021 3   min read  (480 words)

April 29, 2021 |

Fuel cells works, hydrogen, Hexagon Energy, air products, fuel cells

Hexagon Energy Materials (Hexagon) is delighted to announce it has agreed to select Air Products and Chemicals Inc (Air Products) as its key technology provider for the Pedirka Blue Hydrogen Project.

Air Products is a global leader in gasification production plants and equipment. Hexagon has also entered into an agreement with Genesis, a subsidiary of Technip Energies, a market leading supplier of hydrogen solutions, to provide engineering support during the
Pre-Feasibility Study.

Air Products is a pre-eminent global technology provider and operator of industrial gas facilities with broad experience in gasification and hydrogen production. Air Products is listed on the New York Stock Exchange (NYSE Symbol: APD) with a market capitalisation of
over U$60bn. Air Products is involved in every stage of the hydrogen value chain from production through transportation and distribution to utilization in road-rail and marine applications.

The combination of Air Products’ technology and Genesis’ engineering capability will provide the project with world-class solution providers who have a track record of delivering successful blue hydrogen projects. As the project progresses, Hexagon will look to develop
further these relationships and those with other groups to accelerate and assist the rapid advancement of the project.

Chairman Charles Whitfield commented “We are excited to access the experience of organisations of such global significance in the hydrogen space. Their technical and operational experience will be extremely useful in the accelerated planning and development
of the project”.

McIntosh Update
As noted previously the management of Hexagon continued to actively seek ways to gain value for the Company’s other assets. To this end Hexagon is working towards a joint venture of the McIntosh project for the exploration of nickel-copper and PGE’s known to
occur in close proximity to the McIntosh tenements and is pleased to advise that it is in the process of finalising an agreement for the project’s funding and development. Further updates to follow in the near term.

About Hexagon Energy Materials Limited
Hexagon Energy Materials Limited (ASX:HXG) is an Australian company focused on resources, energy materials, and clean energy. Hexagon is primarily focused on developing its flagship Pedirka blue hydrogen project in Australia’s Northern Territory. At Pedirka,
Hexagon aims to produce the blue hydrogen required to support the conversion to clean energy economies over the coming decades.

In Australia, Hexagon also owns the McIntosh graphite, nickel and PGE’s project and the Halls Creek gold and base materials project. In the US, Hexagon has an 80 per cent controlling interest in a graphite exploration project in Alabama.
Hexagon actively seeks ways to progress value-added enterprises consistent with its strategy, skill set, and focus on clean energy. The company continues to assess new opportunities in the space while developing its highly prospective exploration assets.

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