South Australia’s emerging renewable hydrogen industry is gaining even more momentum!
Amp Energy has finalised it’s commercial agreements for the Cape Hardy Advanced Fuels Precinct, a leading renewable hydrogen, green ammonia, and advanced fuel project. This includes options to purchase a 630 hectare land parcel at Cape Hardy and securing key agreements with Iron Road Ltd.
The Cape Hardy Advanced Fuels Precinct will support the domestic market, align with the Australian Government’s net zero goals, and create global export opportunities.
In a first for Australia, Cape Hardy will also host a purpose built advanced fuels export terminal, solidifying South Australia’s role as a world leader in the green energy sector.
Northern Water option purchase land at Cape Hardy industrial port precinct.
Iron Road and Northern Water have recently executed Option Deeds and Licence Agreements to enable a development proposal of a desalination plant, pipeline and transmission line infrastructure.
Northern Water is a significant South Australian Government initiative and an integral component of the State Prosperity Project, to realise strong economic benefits and positive environmental outcomes for the Eyre Peninsula, Upper Spencer Gulf and Far North of South Australia.
Key Highlights of the agreement include:
- Iron Road and Northern Water have executed Option Deeds relating to the purchase of land owned by Iron Road within the 1,207ha Cape Hardy Industrial Port Precinct, together with various easements and a construction laydown area lease.
- BHP, Origin Energy, Amp Energy and Fortescue are among private sector companies contributing to the expected pre-Final Investment Decision (FID) costs of circa. $200 – $230 million for the planned 260ML/day desalination plant and 600km pipeline.
- The land deal preserves Iron Road’s control of the planned common user infrastructure footprint at the Cape Hardy Industrial Port Precinct including multi-commodity port infrastructure and facilities.
- The Northern Water project will provide a more cost-efficient logistics solution for Iron Road’s Central Eyre iron Project (CEIP).
Larry Ingle, Iron Road CEO said “Iron Road is proud to have been a key enabler of the Northern Water project, an ambitious and significant initiative for South Australia. We believe that the location of a large-scale desalination plant within the company’s Cape Hardy Industrial Port Precinct presents a holistic and environmentally sound solution to water needs.