We will assist with decarbonizing hard-to-decarbonise industries that are remote from efficient production hubs for Green Hydrogen which will benefit from the application of LOHC transport and storage technologies.

To become the predominant distributor of hydrogen transport and storage solutions using Liquid Organic Hydrogen Carriers within the Asia Pacific Region.

In order to market Hynertech’s LOHC technology the Company’s strategy is to first establish a demonstration supply chain where commercial quantities of hydrogen are hydrogenated then transported using existing diesel fuel infrastructure. Targeted end hydrogen consumers can be accessed by bulk liquid transport using trucks up to 1,000 kms and potentially bulk fuel shipping tankers for export. The hydrogenated LOHC will be stored at the customers site and the hydrogen dehydrogenated as needed. The operating performance and costs will be collected to confirm operating assumptions that can be used to support wider applications and locations in Australia and elsewhere.

The Company has secured a strategic position in the Oakajee Strategic Industrial Area which has been re-purposed as a high volume competitive cost hydrogen hub supported by low cost renewable power from the mid west of Western Australia. This is intended to be the Company’s first project. Over time and subject to the availability of hydrogen at Oakajee the Company can grow its hydrogenation capacity to 200,000 tpa of hydrogen.

Once the Oakajee Project has been established the Company will look to transfer this knowledge to other hydrogen hubs around Australia and potentially select projects I n other countries in partnership with Hynertech.