Western Australia is committing $70 billion to green hydrogen

Western Australia is committing $70 billion to green hydrogen.

The Western Australian Government has earmarked land for seven renewable energy projects totaling US$70 billion.

BP, POSCO, Fortescue, Alinta Energy and UK company Tees Valley Lithium have been given land in the 4,000 hectare Boodarie Strategic Industrial Zone south of Port Hedland, where most of Australia’s iron ore exports are shipped.

Alkemy Capital Investments plc (LON:ALK, FRA: JV2) is focussed on developing projects in the energy transition metals sector. Alkemy’s wholly-owned subsidiary Tees Valley Lithium (TVL) is developing a state of the art lithium hydroxide plant at Teesside, UK. TVL is Europe’s largest independent and sustainable lithium hydroxide producer.

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